Articles Recently Tagged: Mortgages

(52 posts)
Mortgage Rates Hit Seven-Year Highs, Odds of a Rate Hike Hold

Mortgage Rates Hit Seven-Year Highs, Odds of a Rate Hike Hold

Having ticked up 6 basis points over the past week, the average rate for a benchmark 30-year mortgage now measures 4.61 percent, which is 59 basis points higher than the 4.02 percent rate in place at the same time last year and the highest average rate since May of... Read More »

Benchmark Mortgage Rate Holds along with Odds of a Rate Hike

Benchmark Mortgage Rate Holds along with Odds of a Rate Hike

The average rate for a benchmark 30-year mortgage held at 4.55 percent over the past week but remains 50 basis points above the 4.05 percent rate in place at the same time last year and within 5 basis points of an effective 7-year high, according to Freddie Mac’s Primary... Read More »

Benchmark Mortgage Rate Jumps, Nearing 7-Year High

Benchmark Mortgage Rate Jumps, Nearing 7-Year High

The average rate for a benchmark 30-year mortgage jumped 11 basis points over the past week to 4.58 percent, which is 55 basis points higher than the 4.03 percent rate in place at the same time last year and an effective 7-year high, matching the 4.58 percent average rate... Read More »

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

The average rate for a benchmark 30-year mortgage has ticked up 7 basis points over the past two weeks to 4.47 percent, which is the highest rate so far this year, 50 basis points higher than at the same time last year (3.97 percent), and within 11 basis points... Read More »

Mortgage Rates Continue to Rise, Short-Term nearing 7-Year Highs

Mortgage Rates Continue to Rise, Short-Term nearing 7-Year Highs

Continuing a trend that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage ticked up another 6 basis points over the past week to 4.38 percent, which is now 43 basis points higher than at the beginning of the year, 23 basis points... Read More »

Benchmark Mortgage Rate Jumps to an Effective 4-Year High

Benchmark Mortgage Rate Jumps to an Effective 4-Year High

In a move that shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage moved up another 10 basis points over the past week to 4.32 percent, which is 37 basis points higher than at the beginning of the year, 15 basis points higher... Read More »

Benchmark Mortgage Rate Drops to 4.14%

Benchmark Mortgage Rate Drops to 4.14%

Having ticked up to 4.30 percent two weeks ago with the probability of the Fed’s second rate hike already priced-in, the average rate for a benchmark 30-year mortgage has since dropped 16 basis points to 4.14 percent. That’s still 43 basis points above the 3.71 percent average rate in... Read More »

Mortgage Rates Near a Three-Year High

Mortgage Rates Near a Three-Year High

Measured prior to the Fed’s rate hike yesterday but with the probability already priced in, the average rate for a benchmark 30-year mortgage ticked up another 9 basis points over the past week to 4.30 percent, nearing the 4.32 percent rate in place at the end of last year,... Read More »

Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain

Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain

For the first time this year, the average rate for a benchmark 30-year mortgage is over 4 percent. And having jumped 46 basis points over the past two weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the prevailing 4.03 percent average rate is the highest... Read More »

Mortgage Rates Rocket along with Probability of a Hike

Mortgage Rates Rocket along with Probability of a Hike

In a move that shouldn’t catch any plugged-in readers by surprise, the average rate for a 30-year mortgage rocketed up 37 basis points over the past week to 3.94 percent, which is the highest average rate in eleven months but still 3 basis points below the 3.97 percent rate... Read More »