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Mortgage rates have been rising and remain elevated today. Borrowers should expect rates to stay near their current levels for the next few months.
Mortgage rates have been increasing over the past few weeks, and they're still high today. Inflation will need to slow further before rates will drop.
Mortgage rates increased this week and are elevated today. As the Fed continues its fight against inflation, rates will likely stay relatively high.
Mortgage rates have been rising this month and are up today. Rates will likely stay high as the Fed waits for further signs of slowing inflation.
Mortgage rates are holding steady today after increasing over the past few weeks. If we enter a recession later this year, rates will likely fall.