Average rate on 30-year mortgage falls to 3.69% (3/27/2015)
It’s the second weekly decline, and no Bankrate expert predicts a short-term increase – but they appear to have bumped higher after the Mon.-Tue survey results.
30-year mortgage rate falls to 3.78% (3/20/2015)
Average mortgage rates continue to hover above their all-time loans. Only 25% of experts polled this week predict an increase over the short term.
Average rate on 30-year mortgage rises to 3.86% (3/13/2015)
Long-term rates resumed their recent upward trend after declining last week, though they still haven’t moved far from their historic lows.
How would a 1% mortgage rate change impact buyers? (3/13/2015)
In 2000, a 30-year fixed mortgage averaged 8%, and a $60K income household qualified for a $245K loan; today’s 4% rate means they qualify for a $377K loan.
Average rate on 30-year mortgage drops to 3.75% (3/6/2015)
It’s the fixed-rate mortgage’s first decline in four weeks, but 51% of experts polled this week expect them to go higher again over the short term.
The Fed’s Janet Yellen plots rate-hike road map (2/25/2015)
Buyers want to know: When will mortgage rates go up? The Fed could increase interest rates, which affect ARMs and FRMs, by summer if some assumptions hold true.
Lower gas prices = lower mortgage rates (1/19/2015)
Lower oil prices mean lower inflation, which pushes down mortgage rates. The gas price drop should help any buyer who doesn’t live in major oil-producing regions.
End-of-year mortgage rates remain below 4% (1/5/2015)
According to Freddie Mac, the average mortgage rate stood at 3.87% by the end of 2014 – a slight week-to-week increase.
30-year mortgage rate drops below 4% (11/21/2014)
The average FRM declined to 3.99%. “If planning to buy a home in the next year, it’s better to do it sooner rather than later,” says Freddie Mac economist.
Average 30-year loan rate slips to 4.01% (11/14/2014)
The average FRM fell only slightly lower for the week, and most experts (70%) predict it will stay there over the short term.
Mortgage rates will rise – but when? (10/13/2014)
Potential buyers aren’t too worried about higher mortgage rates. They’ve been stable for weeks. But experts predict something above 5% by mid-2015.