Benchmark Mortgage Rate Moves up along with Probability of a Hike
Having ticked down to within 11 basis points of an all-time low last week, the average rate for a 30-year mortgage moved up 5 basis points to 3.47 percent over…
Benchmark Mortgage Rate Drops, Nearing Its All-Time Low
The average rate for a 30-year mortgage ticked down six basis points to 3.42 percent over the past week and is now running 43 basis points below the 3.85 percent…
Benchmark Mortgage Rate Ticks down but Odds of a Rate Hike Jump
The average rate for a 30-year mortgage ticked down two basis points to 3.48 percent over the past week, which is 38 basis points below the 3.86 percent rate in…
Benchmark Mortgage Rate Ticks up, Odds of a Rate Hike Even
The average rate for a 30-year mortgage has ticked up to 3.50 percent, up 6 basis points over the past week but 41 basis points below the 3.91 percent rate…
Benchmark Mortgage Rate Inches up, Odds of a Rate Hike Hold
The average rate for a 30-year mortgage inched up 3 basis points to 3.46 percent over the past week following Fed Chair Janet Yellen’s monetary policy speech which suggested the…
Even Odds of a Rate Hike by the End of the Year
The average rate for a 30-year mortgage (3.43 percent) hasn’t moved much over the past month. But with traders poised to dissect tomorrow’s scheduled “Monetary Policy Toolkit” speech by Federal…
Benchmark Mortgage Rate Drops along with Probability of a Hike
Having ticked up over the past three weeks, the average rate for a benchmark 30-year mortgage has dropped to 3.43 percent, which is down 5 basis points over the past…
Benchmark Mortgage Rate Nearing an All-Time Low
With the unexpected result of the Brexit vote roiling the financial markets, resulting in a flight to quality and driving the yield on the 10-year Treasury down, the average rate…
Benchmark Mortgage Rate Is Back to a Three-Year Low
The average rate for a benchmark 30-year mortgage has dropped to 3.54 percent, the lowest rate in three years and 43 basis points below the 3.97 percent rate in place…
Mortgage Rates Tick up but Remain near Three-Year Lows
Having dropped to a three-year low of 3.57 percent, the average rate for a benchmark 30-year mortgage has ticked up 7 basis points to 3.64 percent over the past two…