Reported 26 days ago
Mortgage rates experienced a slight dip to 6.87% this week, but strong fluctuations in stock and bond markets may prevent significant drops. With rising Treasury yields linked to inflation data and ongoing tariff discussions, experts predict mortgage rates will remain in a narrow range just below 7% for the foreseeable future. The Federal Reserve's interest rate policy and inflation trends are expected to keep rates high, ending hopes for a return to sub-4% mortgage rates.
Source: YAHOO