What's the mortgage interest rate forecast for April 2025?
mortgage interest rates
have dipped below their recent peaks, offering prospective buyers some relief.
Despite this progress, economic uncertainties loom — which could affect the lending market. If you're house hunting, knowing where rates might head this April could help you calculate potential monthly payments and set a realistic budget before you fall in love with a home.
See what mortgage interest rate you could qualify for here
.
Mortgage interest rates in April will likely stay in the 6.5% to 7% zone, according to Steven Glick, a licensed mortgage loan officer and director of mortgage sales at HomeAbroad, a real estate agency. However, a couple of other scenarios could play out. We spoke with three industry professionals who broke down what economic conditions would trigger rates to rise, fall or hold steady in the coming weeks:
These economic factors could push mortgage rates higher:
A significant Fed policy change might lead to lower mortgage rates. Here are three potential rate-reducing factors:
See how low of a mortgage interest rate you'd currently qualify for now
.
The current economic picture shows mixed signals, which may keep mortgage rates stable:
Mortgage professionals recommend watching five factors closely if you're buying a home soon:
Mortgage rates in April will likely stay steady, according to the experts we spoke to. They might ease later in 2025, but waiting could backfire if home prices rise or inventory tightens.
Your best move? Consult a few lenders now to understand your options. "Focus on your affordability," Calixto advises. "If you find a home that fits your needs and the monthly payment is manageable, that's a signal it may be the right time to buy." Get pre-approved to know what you qualify for and be ready to act quickly. Remember, you can always refinance later if rates fall.
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It's clear which big box retailer is pulling ahead this earnings season. Victoria Greene, investment chief at G Squared Private Wealth, told CNBC's "Power Check" on Tuesday that Target has lost its way, while competitor Walmart has a deep understanding of its customers — a divergence that's sure to bear out when the companies report quarterly results this week. Target is set to release results Wednesday after the close, while Walmart will report Thursday. Here are the investor's thoughts ahead of those reports. Target Greene said she is steering clear of Target until the big box retailer figures out its direction. The retail stock is down more than 22% this year. It's higher by 2% this week. "I don't think Target knows who it wants to be anymore," Green said. "Target used to have that clear focus. The suburban mom went to Target to get their Starbucks, waste time, shop, and buy a couple things that were cute." "Now they can't figure out if they want to be DEI friendly. If they don't want to be DEI friendly," she continued. "Somehow they managed to offend both the right and the left." TGT YTD mountain Target, year to date Greene expects that a potential CEO transition could help the company find direction, but not in time to translate into a great earnings report this week. The investment chief said she expects same-store sales and traffic will drop, a hit that could be offset somewhat by higher prices. "This company needs to figure out who it wants to be," Greene said. Walmart On the flip side, Walmart has no contest when it comes to its retail business. The stock has rallied more than 12% in 2025, and Greene expects shares could pop on solid earnings. She expects Walmart will report strong traffic and same-store sales, as well as growth in e-commerce. "Walmart is the giant in the room. Walmart is [Muhammad] Ali to [Joe] Frazier, right?" said Greene, referring to the famous boxing match between the two athletes. "They're just wiping the floor with the competition." The investor praised Walmart's pricing strategy during the critical back-to-school season to drive traffic into their stores, as an example. She added, their stores are accessibile to a majority of Americans. "This is a company that knows what it wants to be, and knows where it is going, to remain competitive in a rapidly changing world," Greene said.
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The Americans making millions buying shares like top politicians
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The ban comes amid concerns that politicians are unfairly profiting from information gained in their privileged position as a representative of the American people. Former House speaker Nancy Pelosi is the old guard of Congressional trading and by far the most copied. The trades she discloses have developed such a reputation for out-performance that they have become market moving in themselves. In January, for example, Pelosi disclosed an investment in a health tech company called Tempus AI. Retail investors piled in. The company's share options surged 124pc. 'It's all INSIDE INFORMATION! Is anybody looking into this??? She is a disgusting degenerate,' Trump wrote on Truth Social earlier this month. Pelosi says all the trades are made by her husband, a property investor, and she has no involvement in the transactions. Whatever motivates these trades, it is becoming increasingly lucrative for a growing cohort of everyday Americans. Dub launched in March 2024 as America's first regulated brokerage to offer copy trading accounts to mimic politicians and star traders. 'It's been absolutely insane in terms of growth,' says Steven Wang, the founder and chief executive who dropped out of his freshman year at Harvard to build the platform. Today, it has 1.5 million users across America. Of the $100m or so invested across dub, nearly $23m is in its Pelosi tracker account. Since its launch in early 2024, its paper gains are 172pc. 'She beat every single hedge fund last year. Our customers have made millions of dollars just through her portfolio,' says Wang. Dub is one player in a rapidly expanding field. Autopilot launched in 2023 and allows retail investors to copy trade a variety of portfolios, including its Pelosi Tracker, by linking up their existing brokerage accounts. Also in 2023, financial data platform Unusual Whales launched two exchange-traded funds (ETFs) tracking trades made by politicians – one for Democrats' holdings, one for Republicans'. Insiderwave is a similar app under construction. 'I wouldn't be surprised if there are 100,000 people out there who are copy-trading different strategies based on Congressional trading data,' says James Kardatzke, who founded Quiver Quantitative with his twin brother in 2020. The data company now has around 750,000 registered users. It publishes a wide range of alternative datasets, scraping sources such as private jet flight patterns and turning them into digestible datasets that can be used to inform investment strategies. One of the first datasets on its platform was its Congressional investment tracker, a trading strategy that involves investing in the companies that have the most net purchases by members of Congress. More than 5,000 investors are currently using this copy trade bucket approach, says Kardatzke. Most of the platform's users are retail investors, but Quiver Quantitative also has a couple of dozen institutional clients that pay for the raw data feeds, building them into the decision-making processes behind their own trading strategies. 'Many of them see it as a source not only for figuring out how companies might be impacted by government legislation going forward, but even just thinking about how politicians might have access to inside information when they're making their trades,' says Kardatzke. Alongside Pelosi, House Republican Marjorie Taylor Greene's investments are becoming an increasingly popular copy trade. In April, Greene made an investment in Palantir just before immigration and customs enforcement (Ice) handed the company a $30m (£22m) contract. Greene sits on the committee for homeland security that oversees Ice. Since her trade, the value of her Palantir stock has jumped by 142pc. Dub recently released a copy trade account for Greene, which so far has $30,000 invested and is up by 22pc. Users have also invested $665,000 in a portfolio tracker for Donald Trump, which is up 24pc since it launched. The portfolio is based on the assets that Trump's family owns publicly, such as the Trump Media and Technology Group and Bitcoin, and the companies that donated to his campaign. 'It's our best guess of the stocks that would be very tightly correlated to Trump's actions and Trump's wealth,' says Wang. Karoline Leavitt, the White House press secretary, says: 'Neither the president nor his family have ever engaged, or will ever engage, in conflicts of interest.' Altogether, there are two or three dozen Congressmen who trade actively, says Kardatzke. Pelosi ranks third in terms of paper profits over the last 12 months, at just under $1m, according to Quiver Quantitative. She was outdone by Republican Representative Michael McCaul, whose declared trades have made paper gains worth $3.6m and Democrat Representative Cleo Fields, who made $1.1m. Greene ranked sixth in terms of paper profits, at $367,000. Lawmakers insist that the stock market trades that they register are made without their knowledge, by their family members or wealth managers, and have nothing to do with insider information. 'I learnt about my Palantir trades when I saw it in the media,' Greene said back in May. McCaul's attorney says: 'Congressman McCaul did not purchase these stocks and had no advanced knowledge of the purchase. Rather, his wife has assets she solely owns, and a third-party manager made the purchase without her direction.' Ian Krager, Pelosi's press secretary, says: 'Speaker Pelosi does not own any stocks and has no knowledge or subsequent involvement in any transactions.' 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The Fed cutting rates is unlikely to give prospective homebuyers relief, Peter Boockvar says. The investment chief says Fed rate cuts are more likely to impact short-term rates in the economy. Rate cuts also don't change the fact that the market is in dire need of new supply, he said. Don't expect the Fed to rescue the housing market. Markets have their eye on the Fed's likely interest rate cut in September, but Peter Boockvar, the CIO of One Point BFG Wealth Partners, has a two-part thesis as to why housing will stay expensive, even if the Fed trims its benchmark rate. It's a tough time for prospective buyers. The 30-year fixed mortgage rate, the most popular home loan in the US, is hovering around 6.5%. That's down slightly from highs above 7% this year, but still well-above levels seen in the period of 15 years that followed the financial crisis. Here's why afforability might not improve even if the Fed loosens monetary policy, in Boockvar's view: 1. Fed rate cuts won't pull down long-term rates When the Fed cuts rates, it most directly impacts short-term interest rates in the economy. That's unlikely to have a sizable influence over the longer-term rates, Boockvar said, speaking to CNBC on Tuesday. That's important to note because longer-term rates, like the 10-year Treasury yield, are the primary drivers of long-term borrowing costs for consumers. The 10-year bond yield is elevated compared to levels at the start of this year, and it could remain high as investors grow hesitant to pile into long-term government bonds amid mounting deficits and heavy government borrowing. "I think there's a global aversion to taking on long-duration. And long-term interest rates are higher across the world," Boockvar said. "So I think those looking to buy a home should not necessarily bet they're going to get rate relief with the cut in short-term interest rates." 2. Fed rate cuts won't fix the supply problem What's really holding back the market from becoming easier for buyers is supply. The housing market is in dire need of more homes to help bring prices down. Even if mortgage rates edge lower, hotter demand could send prices higher unless the market gets an increase in available supply, Boockvar said. "To really be big picture here, you really need baby boomers to downsize. That is where most of the existing home supply needs to come from," he said. But getting more Americans to move is a challenge. Many homeowners are staying put for two reasons: Mortgage rates are too high. More than 90% of US homeowners with a mortgage have financed at a rate below 6%, according to a 2023 Redfin analysis. Home prices are too high. The median existing home price rose to a record $435,300 in June, according to the National Association of Realtors. But, if home prices were to drop, that would hit homebuilder profits, Boockvar said, suggesting it could potentially limit new housing supply hitting the market. "It's sort of a catch-22 with this industry right now, that's sort of upside down economically," Boockvar added. Forecasters generally aren't very optimistic when it comes to the outlook for housing affordability. Redfin economists expect the median US home sale price to dip 1% by the end of the year, the real estate listings site said in May. Zillow, meanwhile, said in July it expected home values to post a 2% decline by the end of the year. Read the original article on Business Insider Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
