Mortgage Rates Rise Again
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mortgage interest ratesYahoo Finance
•Business
Business & Economics
Mortgage and refinance rates today, April 19, 2025: Rates increase after Powell's comments
81% Informative
After nearly a week of decreases, mortgage interest rates are back up again today .
The average 30-year fixed mortgage rate has increased by eight basis points to 6.79% and the 15-year rate has risen by 10 basis points.
These increases could be due to Federal Reserve Chair Jerome Powell 's comments about the federal funds rate.
Mortgage rates are unpredictable right now due to the political and economic climate.
Economists don't expect rates to plummet in 2025 , so you might not want to base your decision on interest rates.
The best time to buy is typically whenever it makes sense for your stage of life.
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