Mortgage rates surge over 7% as tariffs hit bond market

'Roll with the punches': Some homebuyers undeterred by turbulent mortgage rates

The national housing market has seen lots of volatility over the past five years. But could the wildly changing mortgage rates weve seen recently impact Oklahoma homebuyers?2 News Oklahomas Douglas Braff listened to local homebuyers and asked the head of a homebuyer assistance group about the market right now. 'Roll with the punches': Some homebuyers undeterred by turbulent mortgage ratesThe average rate on a 30-year fixed mortgage rose 13 basis…

10-Year Treasury Yield Snaps Back to February’s 4.5%, Yield Curve Re-Un-Inverts, Mortgage Rates Back at 7%

The aggressive Bash-Down by the White House of long-term Treasury yields and the dollar since January worked. Until it didn’t.

Do you live in an A-community? Or maybe in a B-community? For the first time, a major mortgage bank has developed a rating system that shows how the finances of a housing association are managed. Unfortunately, some get the lowest rating: C-community.

US Mortgage Rates Top 7 Percent

Mortgage rates topped 7 percent Friday amid a bond market selloff as markets absorbed the latest developments in U.S. trade policy and global responses. The average rate on a 30-year fixed mortgage jumped 13 basis points to 7.1 percent, the highest since February, according to Mortgage News Daily. Experts say the move up in mortgage rates is poised to reverberate through the housing market. After three consecutive weeks of rate declines in March…

Mortgage Rates Hit 7.1% As Bond Market Volatility, Trade Tariffs Shake Markets

Mortgage rates spiked to their highest level in nearly two months, with the average 30-year fixed climbing to 7.1% on Friday, according to Mortgage News Daily. The sharp increase — 13 basis points in a single day — wrapped up one of the most turbulent weeks for bonds in decades. What To Know: The surge followed a string of economic surprises, including newly introduced trade tariffs and conflicting signals from recent inflation data. Midweek, ra…

Experts are still struggling to understand President Trump's plan and policy: after the announcement on April 2 to establish large tariffs to “defend...