With mortgage rates verging on 7% and economic concerns mounting, prospective buyers aren't rushing into the spring housing market.

These are today's mortgage and refinance rates. Mortgage rates may remain elevated for now while Fed officials wait to see the impact of tariffs.

Mortgage rates are up today, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.94%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.