Mortgage Rates Tick Up, Short-Term Rate Hits Eight-Year High
The average rate for a benchmark 30-year mortgage has ticked 8 basis points over the past two weeks to 4.60 percent, which is 67 basis points higher on a year-over-year…
Mortgage Rates Inch up along with Probability of Next Rate Hike
The average rate for a benchmark 30-year mortgage inched up a single (1) basis points over the past week to 4.53 percent, which is 50 basis points higher on a…
Benchmark Mortgage Rate Slips Post Hike
With last week’s expected rate hike already priced in, and the 10-year Treasury having dipped following said hike, the average rate for a benchmark 30-year mortgage slipped 5 basis points…
Mortgage Rates Ticked Up Prior to Yesterday’s Rate Hike
While measured prior to the Fed’s announcement yesterday, the average rate for a benchmark 30-year mortgage had ticked up 8 basis points over the past week to 4.62 percent, which…
The Fed Institutes Another Rate Hike, Signals Two More This Year
As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling accelerated expectations for two…
Mortgage Rates Slip along with the Odds of a Rate Hike in June
Having ticked up to a 7-year high, the average rate for a benchmark 30-year mortgage slipped 10 basis points over the past week to 4.56 percent but remains 62 basis…
Mortgage Rates Move Higher, Odds of a Rate Hike Slip
Having hit a 7-year high last week, the average rate for a benchmark 30-year mortgage has ticked up another 5 basis points to 4.66 percent, which is 71 basis points…
Mortgage Rates Hit Seven-Year Highs, Odds of a Rate Hike Hold
Having ticked up 6 basis points over the past week, the average rate for a benchmark 30-year mortgage now measures 4.61 percent, which is 59 basis points higher than the…
Benchmark Mortgage Rate Holds along with Odds of a Rate Hike
The average rate for a benchmark 30-year mortgage held at 4.55 percent over the past week but remains 50 basis points above the 4.05 percent rate in place at the…
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…