Benchmark Mortgage Rate Keeps Climbing, Nearing a 2-Year High
Having hit a 22-month high last week, the average rate for a benchmark 30-year mortgage has since ticked up another 11 basis points (0.11 percentage points) to 3.56 percent, which…
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Having hit a 22-month high last week, the average rate for a benchmark 30-year mortgage has since ticked up another 11 basis points (0.11 percentage points) to 3.56 percent, which…
In a move which shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage jumped 23 basis points (0.23 percentage points) over the past week…
The average rate for a benchmark 30-year mortgage ticked up 11 basis points (0.11 percentage points) over the past week to 3.22 percent, which is 55 basis points higher than…
The average rate for a benchmark 30-year mortgage inched up 6 basis points (0.06 percentage points) or bips over the past week to 3.11 percent, ending the year 44 basis…
With “supply and demand imbalances related to the pandemic and the reopening of the economy” having “continued to contribute to elevated levels of inflation,” which has been rattling the market,…
The average rate for a benchmark 30-year mortgage inched up 1 basis points (0.01 percentage points) over the past week to 3.11 percent, which is 40 basis points above its…
Having slipped back under 3 percent last week, the average rate for a benchmark 30-year mortgage has since ticked up 12 basis points (0.12 percentage points) to 3.10 percent, which…
Having dropped 16 basis points (0.16 percentage points) over the past two weeks, the average rate for a benchmark 30-year mortgage has inched back down to 2.98 percent, which is…
The average rate for a benchmark 30-year mortgage inched down 5 basis points (0.05 percentage points) over the past week to 3.09 percent, which is 31 basis points above its…
Having cited an ongoing public health crisis (i.e., the pandemic) that “will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to…