Homebuying Activity Drops, Average Loan Size as Well
Measured prior to the July 4 holiday, the number of applications to secure a purchase mortgage loan for an existing home in the U.S. ticked down 5 percent on a…
Benchmark Mortgage Rate Hits a Six-Month High
Having inched up 8 basis points (0.08 percentage point) to a three-month high last week, the average rate for a benchmark 30-year mortgage has since jumped another 16 basis points…
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…
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…
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…
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)…
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…
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…
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…
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…