Mortgage Rates Today, Apr. 29, 2025: Stand By for Hard Economic Data This Week
Will this week's big economic reports reflect the effects of the trade war? Or will its impact land in future months?
20 hours ago 2 MIN
Will this week's big economic reports reflect the effects of the trade war? Or will its impact land in future months?
Uncertainty remains the overwhelming fear among investors. And that means unpredictable markets and therefore mortgage rates.
Mortgage rates fell slightly over the last week. But they're still elevated by recent standards.
Mortgage rates were better yesterday as the trade war and Fed independence were pushed onto the back burner. But there may be more volatility ahead.
Mortgage rates were effectively unchanged as a global slowdown is forecast and hopes of a China trade deal are raised.
It's not just tariffs frightening investors. Now threats to the independence of the Federal Reserve are scaring them.
We can't remember when investors faced higher levels of uncertainty. And that means unpredictable mortgage rates.
Mortgage and general interest rates may remain higher for longer than previously expected.
