As a result, the Fed's rate pause this May could create favorable conditions for mortgage rates to decline, especially if investors interpret the pause as a sign that rate cuts may be on the ...

President Trump's tariff proposals have caused a dizzying ride in the mortgage market, with the average rate on a 30-year fixed mortgage slingshotting between 6.5% and 7% in recent weeks. Housing ...

The average rate on the 30-year fixed mortgage rose this week to 6.89%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.86%.