Federal Reserve Gov. Christopher Waller said that the central bank could cut interest rates as early as July, arguing that inflation under tariffs wouldn't likely be a problem.

Later today, the Federal Reserve is expected to extend a pause on interest rate cuts for a fourth consecutive time this year. While mortgage rates could see some volatility, many economists expect them to stay relatively flat until the economic picture changes.

The Chicago fed CEO in a Des Moines visit says mortgage rates could come down in nine to 12 months. Other experts aren't so sure