Articles Recently Tagged: Rate Inversion

(44 posts)
Benchmark Mortgage Rate Hits a “Three-Month High”

Benchmark Mortgage Rate Hits a “Three-Month High”

Having held at 2.73 percent for a couple of weeks, the average rate for a benchmark 30-year mortgage has since inched up 8 basis points to 2.81 percent. And while that’s the “highest average rate since mid-November,” it’s still 68 basis points below its mark at the same time... Read More »

Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops

Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops

Having ticked up to 2.79 percent from an all-time low of 2.65 percent three weeks ago, the average rate for a benchmark 30-year mortgage has since inched back down to 2.73 percent which is 78 basis points, or over 20 percent, below its mark at the same time last... Read More »

Benchmark Mortgage Rate Ticks Up, Short-Term Rate Jumps

Benchmark Mortgage Rate Ticks Up, Short-Term Rate Jumps

Having dropped to a new all-time low last week, the average rate for a benchmark 30-year mortgage has since ticked up 14 basis points (0.14 percentage points) to 2.79 percent but remains 86 basis points, or nearly 24 percent, below its mark at the same time last year and... Read More »

Yes, Mortgage Rates Just Dropped to New All-Time Lows (Again)

Yes, Mortgage Rates Just Dropped to New All-Time Lows (Again)

Having held at a record-low rate of 2.71 percent last week, the average rate for a benchmark 30-year mortgage has since inched down another 4 basis points (0.04 percentage points) to 2.67 percent, which is over a full percentage point (107 basis points) lower than the historically-low rate of... Read More »

Mortgage Rates Inch Down to New Record Lows

Mortgage Rates Inch Down to New Record Lows

The average rate for a benchmark 30-year mortgage inched down another basis point (0.01 percentage points) over the past week to 2.71 percent, which is nearly a full percentage point (97 basis points) lower than the already historically-low rate of 3.68 percent that was on offer at the same... Read More »

Yes, Mortgage Rates Just Dropped to New All-Time Lows

Yes, Mortgage Rates Just Dropped to New All-Time Lows

Having inched up last week from an all-time low of 2.78 percent the week before, the average rate for a benchmark 30-year mortgage has since dropped 12 basis points to 2.72 percent, which is nearly a full percentage point lower than the historically low rate that was on offer... Read More »

Short-Term Mortgage Rate Jumps, 30-Year Rate Inches Up

Short-Term Mortgage Rate Jumps, 30-Year Rate Inches Up

Having dropped to an all-time low of 2.78 percent last week, the average rate for a benchmark 30-year mortgage has since inched up 6 basis points to 2.84 percent but remains 91 basis points below it mark at the same time last year and less than half the average... Read More »

Benchmark Mortgage Rate Slips Under 2.8 Percent

Benchmark Mortgage Rate Slips Under 2.8 Percent

Having dropped to a new all-time low of 2.80 percent two weeks ago, the average rate for a benchmark 30-year mortgage has since inched down another two (2) basis points to 2.78 percent, which is nearly a full percentage point, or 25 percent, lower than the average rate of... Read More »

Mortgage Rates Inch Down to New Lows

Mortgage Rates Inch Down to New Lows

The average rate for a benchmark 30-year mortgage, which dropped to a new all-time low of 2.81 percent last week, has inched down another basis point to 2.80 percent, which is nearly a full percentage point, or 25 percent, lower than at the same time last year, according to... Read More »

Benchmark Mortgage Rate Drops to a New All-Time Low

Benchmark Mortgage Rate Drops to a New All-Time Low

Having moderated around 2.9 percent since early September, the average rate for a benchmark 30-year mortgage inched down 6 basis points over the past week to a new all-time low of 2.81 percent, which is 88 basis points below its mark at the same time last year and 5... Read More »