Mortgage rates slingshot higher as tariff uncertainty roils markets
Published Tue, Apr 8 2025 By: Diana Olick
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…
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