Benchmark Mortgage Rate Rockets, Nearing 6 Percent
The average rate for a conforming 30-year mortgage rocketed 55 basis points (0.55 percentage points) over the past week to 5.78 percent which is the highest average rate since November…
Benchmark Mortgage Rate Ticks Back Up, Poised to Climb
Having inched down to 5.09 percent last week, the average rate for a conforming 30-year mortgage has since ticked back up to 5.23 percent which is back to within 7…
Benchmark Mortgage Rate Climbs, Nearing a 13-Year High
Measured prior to the Fed’s rate hike yesterday, the average rate for a benchmark 30-year mortgage had already jumped another 17 basis points to 5.27 percent, which is 231 basis…
Benchmark Mortgage Rate Just Hit a 12-Year High
Having hit 5 percent for the first time in over a decade last week, the average rate for a benchmark 30-year mortgage has since ticked up another 11 basis points…
Benchmark Mortgage Rate Hits 5%, First Time in Over a Decade
The average rate for a benchmark 30-year mortgage jumped another 28 basis points (0.28 percentage points) over the past week to 5.00 percent, which is 196 basis points and over…
Benchmark Mortgage Rate Over 50 Percent Higher YOY
The average rate for a benchmark 30-year mortgage ticked up another 5 basis points (0.05 percentage points) over the past week to 4.72 percent, which is 159 basis points, or…
Benchmark Mortgage Rate Jumps Again, 39 Percent Higher YOY
The average rate for a benchmark 30-year mortgage jumped 23 basis points (0.23 percentage points) over the past week to 3.92 percent, which is 39.5 percent higher than the average…
Mortgage Rates Are Holding, Application Volumes Have Dropped
The average rate for a benchmark 30-year mortgage has inched up a total of 1 basis point (0.01 percentage point) over the past two weeks to 2.88 percent, which is…
Mortgage Rates Holding Near Record Lows
The average rate for a benchmark 30-year mortgage, which inched up 10 basis points (0.10 percentage points) two weeks ago, has effectively held at 2.87 percent, which is 4 basis…
Mortgage Rates Inch Up from Record Lows
The average rate for a benchmark 30-year mortgage inched up 10 basis points (0.10 percentage points) over the past week to 2.87 percent, which is still 9 basis points lower…