" However, when the higher costs of goods start to push up the inflation rate, it is quite possible that rates will go back up."

Rates for new 30-year loans moved lower again Thursday, dropping to their cheapest level since mid-March. Rates fell for many other loan types as well.

Freddie Mac data released Thursday shows mortgage rates dipped slightly. But what’s in store for homebuyers in the next month — and year?

The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving a boost to mortgage applications even as global stocks tumbled in the wake of President Donald Trump's decision to impose sweeping tariffs on trading partners the world over.

Rates for new 30-year loans dropped again, building a three-day decline from what had been a six-week high. Rates rose for several other loan types, however.

While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme disapproval of the new tariff plans.  While interest rates had previously benefited from some of the chaos in the stock market,

The interest rate on new mortgages offered by banks are half a percentage point lower than they were a year ago, according to new data from the Central Bank.

Mortgage interest rates are dynamic and unpredictable, and can fluctuate many times between when you file a loan application and your closing. If you want to avoid uncertainty and preserve the rate in your mortgage loan offer,