General World News

Mortgage rates are in a holding pattern. Tariff uncertainty may be the culprit

It’s an important week for the global economy as President Donald Trump’s pending trade policies are poised to have a massive impact on the costs of goods and services. They could also precipitate harsher conditions for a housing market that has yet to fully unfreeze.

HousingWire’s Mortgage Rates Center shows that rates have flatlined in the past month. On Tuesday, 30-year conforming loan rates averaged 6.8%, unchanged from a week ago, while 15-year conforming rates averaged 6.68%, up 1 basis point in the past week.

Wednesday is a key day for the direction of mortgage rates and the details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com