Having inched up last week, the average rate for a benchmark 30-year mortgage is now back under 3 percent by a basis point (2.99 percent) and 76 basis points below its mark at the same time last year (3.75 percent), according to Freddie Mac’s latest Mortgage Market Survey data.... Read More »

Having dropped to an unprecedented sub-3 percent rate last week, the average rate for a benchmark 30-year mortgage has since inched up 3 basis points (0.03 percentage points) to 3.01 percent, which is still 74 basis points below its mark at the same time last year, according to Freddie... Read More »

Having inched down another 5 basis points (0.05 percentage points) over the past week, the average rate for a benchmark 30-year mortgage now measures an unprecedented 2.98 percent, which is not only 83 basis points below its historically low mark at the same time last year but the first... Read More »

Having inched down another 4 basis points (0.04 percentage points) over the past week, the average rate for a benchmark 30-year mortgage now measures 3.03 percent, which is 72 basis points below its mark at the same time last year, another new all-time low and within 4 basis points... Read More »