Today's Mortgage Rates, April 18: Rates Stay High As Trump Calls for Fed Cuts

5 things to know for April 18: Abrego Garcia, FSU shooting, CFPB, Powell, Mortgage rates

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Today's Mortgage Rates, April 18: Rates Stay High As Trump Calls for Fed Cuts

The Fed won't rush to lower interest rates if Trump's tariffs drive up inflation. Here's what that means for mortgage rates.

Weekly Mortgage Rates Rise at Exactly the Wrong Time

Mortgage rates picked a lousy time to go up.The average rate on a 30-year fixed-rate mortgage rose 11 basis points, to 6.97%, in the week ending April 17, according to rates provided to NerdWallet by Zillow. A basis point is…

Mortgage rates roar higher as uncertainty batters housing market

Mortgage rates jumped, clocking the biggest one-week jump in over eight months, even as uncertainty about the economy showed up in housing data.

Mortgage Rates Jump Over 7% as Tariff-Driven Bond Rout Shakes Markets - Channelchek

Key Points:– Mortgage rates surged to 7.1%, the highest level since February, following a sell-off in bonds.– The bond market experienced one of its sharpest weekly moves since the early 1980s.– Rising rates could weigh on economic growth, housing, and investor sentiment heading into Q2. Mortgage rates jumped sharply on Friday, climbing to 7.1% for the 30-year fixed loan — their highest level since mid-February — as bond markets reeled from tari…

Do it yourself: Looking beyond Mr. Bond

Continuing from yesterday…Mr. Bond no longer a superstar Given my view that the yield curve is no longer a strong leading indicator, I prefer to use a mix of indicators to assess the likely direction of the markets. Mortgage rates, credit growth, credit terms, repo outstandings and the size of the central bank’s balance sheet are the most prominent ingredients in the mix I like to use. For example, in the context of the US, Mortgage rates are a …