Mortgage rates slingshot higher as tariff uncertainty roils markets

by anastasiakaufman-chime-me

Published Tue, Apr 8 2025 By: Diana Olick

A completed planned development is seen in Ashburn, Virginia on August 14, 2024. US consumer inflation eased slightly in July, according to US Labor Department data published on August 14, 2024,, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates. The consumer price index (CPI) rose 2.9 percent last month from a year ago, the Labor Department said in a statement, while a measure that strips out volatile food and energy costs cooled
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024.Andrew Caballero-Reynolds | AFP | Getty Images

Mortgage rates hit their highest level in over a month this week, reversing course after a period of improvement.

The average rate on the 30-year fixed rate jumped 22 basis points Monday and another 3 basis points Tuesday to 6.85%, according to Mortgage News Daily, fully erasing the decline from last week. LEARN MORE…

Visit my website at: https://www.anastasiakaufman.com/

Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/

Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS

Cell: 401-338-2749

Email: Anastasia@anastasiakaufman.com

Categories

Recent Posts

Kitchen Remodel Return on Investment for Sellers
Kitchen Remodel Return on Investment for Sellers
Here’s how to get a better mortgage rate as the 30-year fixed nears a 1-year low
Here’s how to get a better mortgage rate as the 30-year fixed nears a 1-year low
Social Security cost-of-living adjustment may be slightly higher in 2026, estimates find. What that means for retirees
Social Security cost-of-living adjustment may be slightly higher in 2026, estimates find. What that means for retirees
I study happiness for a living: 12 little rules for a happier life I wish I learned sooner
I study happiness for a living: 12 little rules for a happier life I wish I learned sooner
Mortgage demand jumps to the highest level in three years, as interest rates drop sharply
Mortgage demand jumps to the highest level in three years, as interest rates drop sharply

Leave a Reply

Full Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Anastasia Kaufman at HomeSmart Professionals Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
};