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.

A few key economic factors could have an impact on mortgage rates this summer, experts say. Here's what to know.

Mortgage rates seem to have a mind of their own — sometimes rising when you'd expect them to fall. Learn how the Fed rate affects home borrowing costs for smarter financial decisions, plus actionable tips.