Mortgage Rates 📢 May 12th, 2025

INTEREST RATES

10 year 3 – Month Snapshot

Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

📈 Why Rates Are Moving Up:
Rates increased slightly this week, with most loan types ticking up by about 0.125%. This movement reflects recent optimism in the financial markets following the announcement of resumed US-China trade talks. The temporary suspension of tariffs has led to a rally in stocks and a selloff in bonds, causing bond yields (and mortgage rates) to rise.

🔍 Key Takeaway:
Investors are cautiously optimistic about trade negotiations, but the upcoming inflation reports (CPI and PPI) could shift the outlook. If inflation surprises to the upside, expect more upward pressure on rates.