Mortgage Rates Today, Feb. 21, 2025: Treasury Sec. Helps Rates
The Treasury Secretary helped mortgage rates yesterday. But significant falls could be years away.
3 hours ago 3 MIN
The Treasury Secretary helped mortgage rates yesterday. But significant falls could be years away.
Mortgage rates barely moved yesterday, dodging one bullet. We may have to wait several days for serious movements.
This afternoon, the Fed will reveal more of its thinking on future rate cuts. And that could affect mortgage rates.
There's little on this week's calendar that might affect mortgage rates much. But economically sensitive news might yet cause movements.
After a couple of days of consequential data, this morning brings the retail sales report. That, too, could affect mortgage rates.
Yesterday's consumer price index showed inflation running hotter than expected. Will today's producer price index make things better or worse?
The consumer price index is often the most or second-most consequential economic report for mortgage rates. What will today's bring?
Federal Reserve Chair Jerome Powell is due to testify before Congressional committees today and tomorrow. Might legislators provoke market-shifting candor?
