The U.S. economy continues to navigate turbulence that is closely tied to President Donald Trump’s newly enacted trade policies. The mortgage market has not been immune to the volatility as interest rates remain top of mind for originators and consumers alike.
HousingWire’s Mortgage Rates Center shows that 30-year conforming rates averaged 6.78% on Tuesday, up 5 basis points (bps) in the past week, while 15-year conforming rates were down 3 bps during the week and averaged 6.5%.
Mortgage News Daily reported even greater movement in recent weeks as the 30-year fixed rate climbed from 6.6% on April 4 to details ⇒
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