Hill Mortgage

Bringing Dreams to Reality

  • Home
  • About
  • Resources
    • First Time Buyer Tips
    • First Time Seller Tips
    • Home Appraisal
    • Home Inspection
    • Loan Process
    • Loan Programs
    • Mortgage FAQ
    • Mortgage Glossary
    • What to Expect at a Loan Closing: A Step-by-Step Guide
  • Calculator
  • Reviews
    • Review Us on Gooogle
    • Review Us On Yelp
  • Blog
  • Apply
  • Contact

What’s Ahead For Mortgage Rates This Week – April 21st, 2025

April 21, 2025 by Scott Hill

While the week had a significant absence of impactful data releases, there are still the notable U.S. retail figures numbers, as the turbulent tariff policies that have been announced have sent shockwaves across many industries. This time the U.S. retail sales have seen a significant jump as consumers try to get ahead of the tariff policies, although it is suspected that the subsequent data will show a significant curtailing of purchasing power by consumers. This restraint in the future is what has most analysts concerned about the future in addition to inflation rising as a result of the tariff policies.

U.S. Retail Sales

The numbers: Retail sales in the U.S. surged 1.4% in March—the biggest increase in more than two years—as shoppers sought to buy big-ticket items such as cars before Trump administration tariffs could raise prices.

The rise in sales surpassed Wall Street expectations, but it doesn’t mean the U.S. economy is trouble-free. The trade wars threaten to boost prices, fuel inflation and slow the economy in the months ahead if they persist.

Primary Mortgage Market Survey Index

• 15-Yr FRM rates saw an increase of 0.21% for this week, with the current rate at 6.03%
• 30-Yr FRM rates saw an increase of 0.21% for this week, with the current rate at 6.83%

MND Rate Index

• 30-Yr FHA rates saw a decrease of -0.08% for this week. Current rates at 6.36%
• 30-Yr VA rates saw a decrease of -0.07% for this week. Current rates at 6.38%

Jobless Claims

Initial Claims were reported to be 215,000 compared to the expected claims of 225,000. The prior week landed at 224,000.

What’s Ahead

Watching where crude oil is headed in the coming weeks will also be important to see how international trade is handling the recent tariff policies. In addition, the Consumer Sentiment report will give a better indication of how safe consumers feel in the current climate, along with the Federal Reserve’s Beige Book.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Scott Hill

Scott Hill


President

DIRECT: (408) 898-0100
scott@hillmortgageinc.com

DRE#01332532/02142750
NMLS#309812/2134092

How can we help?

Stay Connected

Browse articles by category

Quick Links

  • Accessibility Statement
  • Privacy Policy
  • Blog
  • Contact Us

NMLS# 309812/1795430/1636790 CA DRE# 01332532/01520243

Licensed by the CA Department of Real Estate

Equal Housing Opp

Our Location


350 Main Street, Ste H
Pleasanton, CA

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in