Mortgage Rate Update for the Week of May 5, 2025

May 5, 2025 by Leave a Comment

How are mortgage rates doing after the conflicting jobs data last week?

Will the Fed lower rates on Wednesday? (Spoiler alert – the Fed does not directly control mortgage interest rates).

What’s going on with federal student loans?

And an announcement on our upcoming webinar “Retire Like a Boss” on this week’s episode!

 

Filed Under: Interest Rates, Retirement, Reverse Mortgage, The Fed - FOMC, Video Tagged With: , , , , ,
About Rhonda Porter

Rhonda Porter (NMLS 121324) is a licensed Washington Mortgage Advisor with 25+ years of experience helping buyers and homeowners understand their mortgage options. She writes Mortgage Porter to bring clarity and confidence to the home-financing process.

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