Though mortgage rates could see some volatility, many economists expect them to stay somewhat flat until the economic picture drastically changes. Rates will stay in the 6.75% to 7.25% range unless the Fed signals multiple cuts soon and backs it up with data,

Mortgage rates are up, but still under 7%. Today's national average on a 30-year fixed-rate mortgage is 6.89%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

Mortgage rates seem to have a mind of their own — sometimes rising when you'd expect them to fall. Learn how the Fed rate affects home borrowing costs for smarter financial decisions, plus actionable tips.