april fed rate decision impact
Surprising 0.25% Fed Hike Cuts 30‑Year Mortgage Rates?
Between March and April, the average 30-year fixed-rate climbed from 6.25% to 6.53%, a jump of 0.28 percentage points after the Fed’s 0.25% hike. This increase pushes monthly payments higher for new homebuyers and tightens refinancing margins. Financial Disclaimer: This article is for educational purposes