Mortgage Rates Hold, Probability of a Hike in May
Having jumped 62 basis points over the past four months to 4.16 percent today, which is 54 basis points above the 3.62 rate in place at the same time last…
Mortgage Rates Move up along with the Odds of a June Hike
Ending a three-week slide, the average rate for a benchmark 30-year mortgage ticked up 10 basis points over the past week to 4.19 percent and is now running 40 basis…
Mortgage Rates Slip, Odds of a Hike in June
The average rate for a benchmark 30-year mortgage has slipped 8 basis points over the past week to 4.12 percent. While the average remains 20 basis points above the 3.92…
Benchmark Mortgage Rate Dips but Begins the Year above 4 Percent
Having hit a 32-month high at the end of 2016, the average rate for a benchmark 30-year mortgage slipped 12 basis points over the past week to start the year…
Benchmark Mortgage Rate Hits a 32-Month High
As we foreshadowed within a basis point, the average rate for a benchmark 30-year mortgage jumped another 14 basis points over the past week to 4.30 percent, the highest average…
Mortgage Rates Tick Up to a 26-Month High, Poised to Move Higher
Measured prior to yesterday’s rate hike, the average rate for a benchmark 30-year mortgage ticked up another 3 basis points over the past week to 4.16 percent, the highest average…
The Fed Institutes a Rate Hike, Signals Three More in 2017
As predicted, the Federal Reserve has just raised interest rates for the first time since December of last year, upping the target federal funds target rate by 0.25 percent (25…
Mortgage Rates Hit Two-Year High, Probability of a Hike: 97%
The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.13 percent, the highest average rate in over two years and…
Mortgage Rates near Two-Year High, Probability of a Hike: 99%
Having rocketed over half a point (51 basis points) over the past three weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the average rate for a…
Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain
For the first time this year, the average rate for a benchmark 30-year mortgage is over 4 percent. And having jumped 46 basis points over the past two weeks, a…