Articles Recently Tagged: Mortgages

(37 posts)
Even Odds of a Rate Hike by the End of the Year

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 Chair Janet Yellen, looking for hints of whether – or rather when – the Fed will hike the Federal... Read More »

Benchmark Mortgage Rate Drops along with Probability of a Hike

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 week and within 12 basis points of the all-time low rate of 3.31 percent recorded in November 2012. And... Read More »

Benchmark Mortgage Rate Ticks Up

Benchmark Mortgage Rate Ticks Up

Having dipped to within 10 basis points of an all-time low, the average rate for a benchmark 30-year mortgage ticked up 4 basis points to 3.45 percent over the past two weeks but remains 59 basis points below the 4.04 percent average rate in place at the same time... Read More »

Benchmark Mortgage Rate Approaching an All-Time Low

Benchmark Mortgage Rate Approaching an All-Time Low

The average rate for a benchmark 30-year mortgage has dropped to 3.41 percent over the past week, the lowest rate in over three years and within 10 basis points of the all-time low rate of 3.31 percent recorded in November 2012. The current average rate is now 63 basis... Read More »

Benchmark Mortgage Rate Is Back to a Three-Year Low

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 prior to the Fed’s first rate hike in December. The current rate is 46 basis points below the 4.00... Read More »

Mortgage Rates Dip on Pessimistic News, Probability of a Hike Drops

Mortgage Rates Dip on Pessimistic News, Probability of a Hike Drops

Having ticked up to 3.66 percent last week, the average rate for a benchmark 30-year mortgage has dropped to 3.60 percent and is back within 3 basis points of last month’s three-year low, spurred by a weaker than expected employment report. The current 30-year rate is 37 basis points... Read More »

Mortgage Rates Tick up but Remain near Three-Year Lows

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 weeks but remains 33 basis points below the 3.97 percent rate in place prior to the Fed’s first rate... Read More »

Benchmark Mortgage Rate Drops to Three-Year Low

Benchmark Mortgage Rate Drops to Three-Year Low

The average rate for a benchmark 30-year mortgage has dropped to 3.57 percent, the lowest rate in three years and 40 basis points below the 3.97 percent rate in place prior to the Fed’s first rate hike in December. The current rate is 28 basis points below the 3.85... Read More »

Benchmark Mortgage Rate Drops to One-Year Low

Benchmark Mortgage Rate Drops to One-Year Low

The average rate for a benchmark 30-year loan has dropped to 3.59 percent, down 12 basis points over the past week to the lowest rate in over a year and 38 basis points below the 3.97 percent rate in place prior to the Fed’s first rate hike in December.... Read More »

Benchmark Mortgage Rate Nearing Three-Year Low

Benchmark Mortgage Rate Nearing Three-Year Low

The average rate for a benchmark 30-year loan dropped to 3.62 percent over the past week and is within 3 basis points (0.03) of its lowest rate since mid-2013 as concerns about a global slowdown and market weakness continue to drive the 10-year Treasury yield down. The average 30-year... Read More »