by Calculated Risk on 5/08/2025 07:25:00 PM
Thursday, May 08, 2025
"Mortgage Rates Move Higher After Trade Deal"
From Matthew Graham at Mortgage News Daily: Mortgage Rates Move Higher After Trade Deal
Mortgage rates moved back up to the higher levels seen earlier this week after the official announcement of a trade deal between the U.S. and the U.K.
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In the bigger picture, today's mortgage rate increase is unremarkable--sort of average--and it leaves the rate index well below the early April highs, despite being well above the range seen during the month of March.