Reported 25 days ago
Mortgage rates have been stable under 7%, but experts warn that new tariffs from President Trump could lead to increases in 2025. Melissa Cohn of William Raveis Mortgage notes that market volatility makes banks conservative, leading to wider spreads on 30-year fixed mortgages. Many homeowners are also holding off on selling, waiting to see how rates change in the upcoming spring.
Source: YAHOO