Articles Recently Tagged: Primary Mortgage Market Survey

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Benchmark Mortgage Rate Jumps, Nearing 7-Year High

Benchmark Mortgage Rate Jumps, Nearing 7-Year High

The average rate for a benchmark 30-year mortgage jumped 11 basis points over the past week to 4.58 percent, which is 55 basis points higher than the 4.03 percent rate in place at the same time last year and an effective 7-year high, matching the 4.58 percent average rate... Read More »

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

The average rate for a benchmark 30-year mortgage has ticked up 7 basis points over the past two weeks to 4.47 percent, which is the highest rate so far this year, 50 basis points higher than at the same time last year (3.97 percent), and within 11 basis points... Read More »

Mortgage Rates Slip, Odds of a Rate Hike Hold

Mortgage Rates Slip, Odds of a Rate Hike Hold

The average rate for a benchmark 30-year mortgage slipped 4 basis points over the past week to 4.40 percent but remains 30 basis points higher than the average rate in place at the same time last year (4.10 percent) and within 18 basis points of a 5-year high (4.58... Read More »

Mortgage Rates Hold, Fed’s Next Rate Hike Expected in June

Mortgage Rates Hold, Fed’s Next Rate Hike Expected in June

With the impact of the Fed’s predicted rate hike last week having already been priced in, the average rate for a benchmark 30-year mortgage has been holding around 4.44 percent, which is 30 basis points higher on a year-over-year basis, an increase of 51 basis points since the beginning... Read More »

Mortgage Rates Slip, Odds of a Rate Hike Rise

Mortgage Rates Slip, Odds of a Rate Hike Rise

Having ticked up 51 basis points since the beginning of the year, the average rate for a benchmark 30-year mortgage slipped 2 basis points over the past week to 4.44 percent but remains 14 basis points higher on a year-over-year basis and within 14 basis points of a 5-year... Read More »

Mortgage Rates Continue to Inch Up, Nearing 5 and 7-Year Highs

Mortgage Rates Continue to Inch Up, Nearing 5 and 7-Year Highs

The average rate for a benchmark 30-year mortgage inched up another 3 basis points over the past week to 4.46 percent, which is 25 basis points higher than at the same time last year (4.21 percent) and within 12 basis points of a 5-year high (4.58 percent), according to... Read More »

Benchmark Mortgage Rate Approaching a 5-Year High

Benchmark Mortgage Rate Approaching a 5-Year High

The average rate for a benchmark 30-year mortgage ticked up another 3 basis points over the past week to 4.43 percent, which is 33 basis points higher versus the same time last year (4.10 percent) and within 15 basis points of a 5-year high (4.58 percent), according to Freddie... Read More »

Mortgage Rates Inch Up, 30-Year within a Basis Point of 4-Year High

Mortgage Rates Inch Up, 30-Year within a Basis Point of 4-Year High

Having jumped 45 basis points since the beginning of the year, the average rate for a benchmark 30-year mortgage inched up another 2 basis points over the past week to 4.40 percent, which is 24 basis points higher on a year-over-year basis and within 1 basis points of a... Read More »

Mortgage Rates Continue to Rise, Short-Term nearing 7-Year Highs

Mortgage Rates Continue to Rise, Short-Term nearing 7-Year Highs

Continuing a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage ticked up another 6 basis points over the past week to 4.38 percent, which is now 43 basis points higher than at the beginning of the year, 23 basis points... Read More »

Benchmark Mortgage Rate Jumps to an Effective 4-Year High

Benchmark Mortgage Rate Jumps to an Effective 4-Year High

In a move that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage moved up another 10 basis points over the past week to 4.32 percent, which is 37 basis points higher than at the beginning of the year, 15 basis points higher... Read More »