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Mortgage News

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News for: MSN
Showing 1 - 2 of 2 results
Apr 28, 2025 12:00 AM
Today's Mortgage Rates | Rates Stay Below 7%. Will Inflation Push Them Back Up?
MSN
Mortgage rates as of April 28, 2025, are around 6.70%, slightly easing after fears of Trump firing Fed Chair Jerome Powell drove them near 7% last week. Rates could still rise if tariffs push inflation higher or fall if a recession develops. Currently, 30-year fixed rates average around 6.70% and 15-year rates around 6%. Mortgage rates depend on broader economic factors, Fed policy expectations, a... more
Apr 28, 2025 12:00 AM
Mortgage Rate Predictions: Buyers Still Face an Uncertain Housing Market
MSN
President Trump's trade policies and the resulting economic uncertainty are causing mortgage rates to fluctuate between 6.5% and 7%, dampening homebuying demand. Home loan applications recently fell 12.7% in a week. The future of mortgage rates depends on three factors: tariffs, Federal Reserve interest rate decisions, and bond market reactions. The Federal Reserve has paused rate cuts for now bu... more
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