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…
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…
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,…
The Fed Institutes Another Rate Hike, Signals Seven More to Come
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 expectations for two more…
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…
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…
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…
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…
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…
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…