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…
Benchmark Mortgage Rate Levels Off, Probability of a Hike Drops
Having dropped to a 9-month low two weeks ago, the average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, has been…