High interest rates and the rising cost of funding were already a top concern for CFOs. Now, that concern could grow following a strong December jobs report—one of the key pieces of data assessed by the Federal Reserve—that has led some economists to predict there will be fewer rate cuts this year,

Federal Reserve officials in December signaled concerns that President-elect Donald Trump’s policies could stoke inflation, contributing to a more cautious approach to interest rate cuts this year and even a pause this month.

When the Fed cuts rates, it often leads to lower mortgage rates because borrowing costs drop overall. Unfortunately, though, mortgage rates have instead climbed higher since the F

These are today's mortgage and refinance rates. Mortgage rates have gone up thanks to strong economic data. Where they go next depends on inflation.

Meanwhile, interest rates are still high, and for homebuyers, this means mortgage rates between 6% and 7% — forcing many to put their plans on hold until borrowing becomes more affordable. With the Federal Reserve now hinting at a few rate cuts this year,

Today, the mortgage interest rate on a 30-year fixed mortgage is 7.43%, according to Curinos. On a 15-year fixed mortgage, the average rate is 6.61%, and the average rate on a 30-year jumbo mortgage is 7.