Uncertainty in financial markets pushes bond yields down, but keeps mortgage rates higher than they otherwise would be.

Home purchase applications soared this week as mortgage rates settled in, the latest Freddie Mac Primary Mortgage Survey showed.

Rates for new 30-year loans held their ground Wednesday after dropping for three consecutive days. Rates fell for several other loan types as well.

Rates for new 30-year loans dropped again, building a three-day decline from what had been a six-week high. Rates rose for several other loan types, however.

Freddie Mac (FMCC) and Fannie Mae (FNMA) stocks surged this week amid speculation that the Trump administration is loosening its control over the mortgage giants. Yahoo Finance Senior Reporter Claire Boston discusses the potential impact on mortgage rates if these government-sponsored enterprises are privatized.

With average mortgage rates decreasing slightly, there's optimism about the current housing market despite the uncertainties of the economy.

President Donald Trump's newly appointed housing chief has made waves by launching a dramatic shakeup at mortgage giants Fannie Mae and Freddie Mac, potentially reshaping America's mortgage market. William Pulte,

The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season.