Mortgage rates are high today, with the 30-year fixed rate at 6.57% and the 15-year rate at 5.71%. The Consumer Price Index (CPI) report released today may impact inflation trends. National average mortgage rates for various terms are provided, with refinance rates typically higher. Rates are expected to decrease slightly by the end of 2025, with potential cuts to the fed funds rate in September.

Read more at Yahoo Finance: The 30-year rate rises ahead of inflation data