Benchmark Mortgage Rate Dips Under 4 Percent, Odds of Easing Up
Having shed 7 basis points over the past week, the average rate for a 30-year mortgage now measures 3.99 percent, an average rate which is 57 basis points lower than…
Benchmark Mortgage Rate Dips, Odds of an Easing Jumps
The average rate for a 30-year mortgage shed 7 basis points over the past two weeks to 4.07 percent, an average rate which is now 54 basis points lower than…
Benchmark Mortgage Rate Slips, Odds of an Easing Drops
The average rate for a 30-year mortgage dropped 6 basis points over the past week to 4.14 percent, which is 41 basis points below the average rate as measured at…
Benchmark Mortgage Rate Ticks Up, Odds of an Easing Jumps
The average rate for a 30-year mortgage inched up 3 basis points over the past week to 4.20 percent, which is up 14 basis points since the end of March…
Benchmark Mortgage Rate Ticks Up, Odds of an Easing Slips
The average rate for a 30-year mortgage ticked up 5 basis points over the past week to 4.17 percent, which is up 11 basis points since the end of March…
Mortgage Rates Inch Up, Inversion Increases, Odds of Easing Even
Having dropped 35 basis points in March, including the biggest one week drop in over a decade, the average rate for a 30-year mortgage has ticked up 6 basis points…
Mortgage Rates Dramatically Drop, Inversion Spreads
With Fed officials having officially deemed the foregoing of any additional interest rate hikes in 2019 to “be best” for our economy in light of increasing global risks, which shouldn’t…
Fed Officials Officially Drop Expectations of a Rate Hike in 2019
According to an analysis of the futures market, the probability of the Fed hiking the federal funds rate in 2019 had dropped to zero (0) as of last week, as…
Benchmark Mortgage Rate Drops, Odds of an Easing Up
Having ticked up 6 basis points last week, the average rate for a benchmark 30-year mortgage has since dropped 10 basis points to 4.31 percent, which is 13 basis points…
Mortgage Rates Tick Up
Having dropped 59 basis points since hitting a 7-year high of 4.94 percent this past November, the average rate for a benchmark 30-year mortgage ticked up 6 basis points over…