FX.co ★ US Mortgage Rates Jump: MBA

In the week ending April 11, 2025, the average interest rate for 30-year fixed-rate mortgages, specifically those with conforming loan amounts ($766,550 or less) in the United States, surged to 6.81%, up from 6.61% the previous week, according to the Mortgage Bankers Association. This marks the largest increase in borrowing costs since October and represents the highest rate recorded since late February. The rise in rates corresponds with a significant increase in bond yields, spurred by investor concerns over the trade war and its potential impact on the U.S. economy, leading them to withdraw from American assets.