In its May meeting, the Federal Reserve kept interest rates steady for the third time this year. While many are hoping for a rate cut soon, new tariffs and inflation concerns may delay rate changes from the Fed. So what does that mean for current mortgage rates?
This video breaks down how the Fed's decision could affect mortgage rates and what prospective homebuyers and refinancers can expect in the months ahead. We also explore how to position yourself for the best mortgage rates available, whether you're buying your first home, refinancing, or exploring HELOCs or home equity loans.