Homebuyers get cold feet as mortgage rates rebound

Mortgage rates are climbing back toward 7 percent on fears that tariffs could reignite inflation, but Federal Reserve Chairman Jerome Powell warns policymakers would be challenged if unemployment also rises.

Apr 17, 2025 - 02:05
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Homebuyers get cold feet as mortgage rates rebound
Mortgage rates are climbing back toward 7 percent on fears that tariffs could reignite inflation, but Federal Reserve Chairman Jerome Powell warns policymakers would be challenged if unemployment also rises.