The Fed is currently neutral on interest rates but could resume cuts later this year. If you're house hunting, here's how that may—or may not—impact 2025 mortgage rates.

These are today's mortgage and refinance rates. Mortgage rates have gone up this week as markets react to attacks on the Fed's independence.

Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding he lower interest rates "NOW." The stock market, which had begun to calm from tariff-induced panic,