Mortgage rates are always in flux, but homebuyers should expect more turbulence than usual over the next few months. Since starting his second term, President Donald Trump is moving forward on some of his policies around immigration and trade,

After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, as did most other loan types.

These are today's mortgage and refinance rates. Mortgage rates may not fall as much as initially expected this year thanks to sticky inflation.

The rate on a 30-year fixed refinance fell today. The average rate on a 30-year fixed mortgage refinance is 7.33%, according to Curinos, while the average rate on a 15-year mortgage refinance is 6.44%.

After recently shooting up to their highest level since May, rates on 30-year mortgages have moved the other way—falling four days in a row. Most other loan rates also dropped.

The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.69%.

The average rate on the 30-year fixed-rate mortgage fell 12 basis points to 6.94% in the week ending Jan. 23, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point. The previous week had been the first time that the 30-year rate had inched above 7% since May.

The current mortgage rate on a 30-year fixed mortgage fell by 0.14 percentage point in the last week to 6.97%, according to the Mortgage Research Center. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.