Articles Recently Tagged: Freddie Mac

(25 posts)
Benchmark Mortgage Rate Drops Below 4 Percent

Benchmark Mortgage Rate Drops Below 4 Percent

The average rate for a benchmark 30-year mortgage has dropped below 4 percent for the first time since November, shedding 11 basis points over the past week and 33 basis points since the the Fed’s second rate hike last month. At the same time, the current 30-year average rate... Read More »

Mortgage Rates Return to 2017 Highs, Odds of a Rate Hike Rockets

Mortgage Rates Return to 2017 Highs, Odds of a Rate Hike Rockets

The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past two weeks, an 11 point jump over the past seven days, and is back to a calendar year high of 4.21 percent, according to Freddie Mac’s Primary Mortgage Market Survey. Having jumped 67... Read More »

Mortgage Rates Hold, Probability of a Hike in May

Mortgage Rates Hold, Probability of a Hike in May

Having jumped 62 basis points over the past four months to 4.16 percent today, which is 54 basis points above the 3.62 rate in place at the same time last year, the average rate for a benchmark 30-year mortgage has been holding within a narrow 4 basis point range... Read More »

Mortgage Rates Move up along with the Odds of a June Hike

Mortgage Rates Move up along with the Odds of a June Hike

Ending a three-week slide, the average rate for a benchmark 30-year mortgage ticked up 10 basis points over the past week to 4.19 percent and is now running 40 basis points above the 3.79 rate in place at the same time last year but remains 11 basis points below... Read More »

Mortgage Rates Slip, Odds of a Hike in June

Mortgage Rates Slip, Odds of a Hike in June

The average rate for a benchmark 30-year mortgage has slipped 8 basis points over the past week to 4.12 percent. While the average remains 20 basis points above the 3.92 rate in place at the same time last year, it has dropped 18 basis points from the 4.30 percent... Read More »

Benchmark Mortgage Rate Dips but Begins the Year above 4 Percent

Benchmark Mortgage Rate Dips but Begins the Year above 4 Percent

Having hit a 32-month high at the end of 2016, the average rate for a benchmark 30-year mortgage slipped 12 basis points over the past week to start the year at 4.20 percent, which is the first time the average 30-year rate has been above 4 percent at the... Read More »

Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise

Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise

For the first time in five months and following a post rate hike slip, the average rate for the benchmark 30-year mortgage is back above 4 percent having ticked up 5 basis points to an average rate of 4.01 percent on the last day of 2015. The current rate... Read More »

Mortgage Rates Drop Along With Odds Of A Hike In 2015

Mortgage Rates Drop Along With Odds Of A Hike In 2015

With the Fed having balked at raising the Federal funds rate last week, the average rate for a 30-year mortgage dropped to 3.86 percent, down from 3.91 percent the week before and versus a 4.20 percent rate at the same time last year, according to Freddie Mac’s latest Primary... Read More »

Average 30-Year Mortgage Rate Drops Back Below 4 Percent

Average 30-Year Mortgage Rate Drops Back Below 4 Percent

Having ticked up to 4.09 percent two weeks ago, the highest rate so far this year, the average rate for a 30-year mortgage has dropped to 3.98 percent, versus 4.12 percent at the same time last year, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year rate,... Read More »

30-Year Mortgage Rate Ticks Up To Highest Level In 2015

30-Year Mortgage Rate Ticks Up To Highest Level In 2015

Having crossed the 4 percent mark for the first time since the fourth quarter of 2014 last month, the average rate for a 30-year fixed mortgage has ticked up to 4.09 percent, the highest rate this year and within 4 basis points of the 4.13 percent average rate recorded... Read More »