Mortgage Rates Rise Amid Inflation

This is a news story, published by Yahoo Finance, that relates primarily to Trump news.

News about interest rates

For more interest rates news, you can click here:

more interest rates news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about

current mortgage rates

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Mortgage rates today news, Mortgage interest rates news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

mortgage rates

Yahoo Finance

•

Business

Business & Economics

Mortgage and refinance rates today, January 13, 2025: Inflation could push rates higher

Summary

Nutrition label

74% Informative

Mortgage interest rates have been going up.

The 30-year fixed mortgage rate has increased by 11 basis points since last week .

The weekly 15-year -fixed rate has risen by seven basis points to 6.07% . There is speculation that Trump 's tariff policies may push inflation upwards this year .

Mortgage lenders typically give the lowest mortgage rates to people with higher down payments, excellent credit scores, and low debt-to-income ratios.

If you want a lower rate, try saving more, improving your credit score, or paying down some debt before you start shopping for homes.

You can also buy down your interest rate permanently by paying for discount points at closing.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive