Today's Mortgage Rates for May 23, 2025: Rates Rise Amid Fresh Tariff Threats

Today's Mortgage Rates for May 23, 2025: Rates Rise Amid Fresh Tariff Threats

With Trump reigniting his turbulent trade war, mortgage rates could see increased volatility.

The week’s best fixed and variable mortgage rates

In an uncertain economic environment like this it’s important to get a rate hold when mortgage shopping

Today's Mortgage Rates - May 23, 2025: Rates Climb Higher as Tax Bill Moves Forward

Mortgage rates on May 23, 2025, have seen a notable increase compared to previous weeks, marking the third consecutive week of rising interest rates. According to Freddie Mac, the weekly national average for a 30-year fixed mortgage is currently at 6.86%, while the average for a 15-year fixed mortgage stands at 6.01%. While these rates represent a slight uptick, they remain lower than they were a year ago, providing some relief to potential buye…

Nationwide lifts selected rates by up to 25bps, Santander by 10bps   – Mortgage Strategy

Nationwide has lifted selected home loan fixed rates by up to 25 basis points, while Santander will raise prices across its new business and product transfer ranges by as much as 10bps.  The mutual says its rises, which come to market today, include the firm’s new business and existing customers moving home product ranges, in a note to brokers. It adds that switcher and additional borrowing rates remain unchanged, without giving further detail…