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Shelly PowellShelly Powell

Why Your Mortgage Rate Won't Budge Yet

Thinking about buying a home or refinancing? Mortgage rates are stuck around 6.7% right now, and they’re not likely to drop soon. The reason: the U.S. and U.K. just made a trade deal, but nobody knows what tariffs will look like yet. That means the economy’s in limbo, and so are rates. If you’re house hunting, don’t hold your breath for a big drop—at least not until things get clearer on the trade front. #MortgageRates #HomeBuying #MoneyTips #PersonalFinance #RealEstate

2025-05-12
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