Mortgage rates are up, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.91%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

President Donald Trump is expected to double down on his calls for the Federal Reserve to cut interest rates by a full percentage point after the latest consumer price index (CPI) shows that inflation has not increased nearly as much as forecasters expected last month due to sweeping tariffs.

After a calm start to the week on Monday and Tuesday, we were likely to see a bit more volatility on Wednesday due to important events on the calendar. The first was the morning's release of the Consumer Price Index (CPI),