Mortgage rate volatility is nothing new, but today's housing market is particularly unpredictable. Lingering inflation, threats of a global trade war and mounting recession fears

Mortgage rates are up today, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.88%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

Mortgage rates for 30-year loans declined for a fourth day following a turbulent month of ups and downs. Rates fell for many other loan types as well.