The Mortgage Bankers Association reported that for the week ending April 18, 2025, the average interest rate for 30-year fixed-rate mortgages with conforming loan balances (up to $766,550) in the United States rose to 6.9%, up from 6.81% the previous week. This marks the highest rate observed in roughly two months, reflecting the upward trend in bond yields following renewed criticism by President Trump of Federal Reserve Chair Powell.