Benchmark Mortgage Rate Drops to a Near 3-Year Low
On the heels of the Fed having eased rates last week, the average rate for a 30-year mortgage has dropped 15 basis points to 3.60 percent, which is now 134…
The Fed Just Cut Rates, Might Not Be Done
With the Fed having formally signaled a more “patient” approach with respect to any future rate hikes back in January, the probability of an easing started to emerge, as we…
Mortgage Rates Slip, Odds of an Easing Hold
Having inched up to 3.81 percent last week, the average rate for a 30-year mortgage has dropped back down to 3.75 percent, which is 119 basis points (1.19 percentage points)…
Mortgage Rates Inch up Along With the Odds of an Earlier Easing
Having dropped to 3.73 percent at the end of last month and bouncing around a 32-month low, the average rate for a 30-year mortgage inched up 6 basis points over…
Benchmark Mortgage Rate Holding at a 32-Month Low
The average rate for a 30-year mortgage has been holding at around 3.75 percent over the past two weeks, which is down 119 basis points (1.19 percentage points) since the…
Mortgage Rates Hover Near Two-Year Lows, Primed to Drop
While the average rate for a 30-year mortgage was unchanged over the past week, holding near a two-year low of 3.82 percent, Freddie Mac’s latest Mortgage Market Survey was conducted…
Benchmark Mortgage Rate Nearly Hits a Two-Year Low
The average rate for a 30-year mortgage dropped 17 basis points over the past week and now measures 3.82 percent. That’s the lowest 30-year rate since the third quarter of…
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…