Benchmark Mortgage Rate Continues to Rise, Nearing a 4-Year High
The average rate for a benchmark 30-year mortgage rose up another 7 basis points over the past week to 4.22 percent which is the highest rate in over ten months,…
Mortgage Rates Jump
The average rate for a benchmark 30-year mortgage jumped 11 basis points over the past week to 4.15 percent which is still 4 basis points below the 4.19 percent rate…
Benchmark Mortgage Rate Back above 4%
The average rate for a benchmark 30-year mortgage inched up 5 basis points over the past week to 4.04 percent, which is 5 basis points below the 4.09 percent rate…
Benchmark Mortgage Rate Hovering Around 4%
Having moved in a narrow four basis point range since the end of 2017, the average rate for a benchmark 30-year mortgage is back to 3.99 percent, which is the…
Benchmark Mortgage Rate Inching Up, Ending 2017 Around 4%
As expected, the average rate for the benchmark 30-year mortgage inched up 5 basis points over the past week to 3.99 percent, which is the highest rate in five months…
Little Movement in the Benchmark Mortgage Rate
With the downstream impact of the Federal Reserve’s rate hike last week already priced in, the average rate for the benchmark 30-year mortgage was 3.94 percent as of yesterday and…
The Fed Institutes a Rate Hike, Signals Three More in 2018
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 three more…
Benchmark Mortgage Rate Holding Under 4 Percent
The average rate for a benchmark 30-year mortgage has held relatively firm over the past three weeks, slipping a single (1) basis points in the aggregate to 3.94 percent, which…
Mortgage Rates Tick Up, Odds of a Rate Hike Holding at 100 Percent
The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past week to 3.95 percent, which is the highest rate in nearly four months, within…
Mortgage Rates Slip, Odds of a Rate Hike Hits 100 Percent
The average rate for a benchmark 30-year mortgage slipped 4 basis points over the past two weeks to 3.90 percent, which is 33 basis points above the 3.57 percent rate…