Mortgage Rate Predictions for Week of May 12-18, 2025

Mortgage Rate Predictions for Week of May 12-18, 2025

Markets have responded positively to trade negotiations, but the outlook for mortgage rates is still gloomy.

Mortgage Rates Rise Moderately Today Following US-China Trade Deal

As of Today, May 12, 2025, mortgage rates are a bit higher, currently hovering around the high 6% range, with the average for a 30-year fixed loan sitting at approximately 6.80%. This uptick is largely a ripple effect of the recently announced temporary trade deal between the United States and China. While this news has been welcomed by investors who see it as a potential shield against a deeper economic downturn, the resulting shift towards ris…

Mortgage Rates Moderately Higher as China Trade Deal Reached - The Truth About Mortgage

Over the weekend, the United States and China reached a temporary deal to cut tariffs tremendously. Instead of an astronomical 145% rate, the U.S. will now impose a much more reasonable 30% rate on imports from China. This should get business (and ships) moving again, though it should be noted that it’s only a 90-day… Read More »Mortgage Rates Moderately Higher as China Trade Deal Reached The post Mortgage Rates Moderately Higher as China Trade …