What The Heck Is Going On With Mortgage Rates?

The housing market's price rally has taken a pause, according to two new bank reports. Some brokers are talking about a "buyer's market," while others fear that down payments have gone up in smoke on the stock market.

Mortgage Rates Likely to Go Down in the Short Term Due to Tariffs

Mortgage rates are likely to fall despite a strong jobs report due to tariff concerns. Learn what this means for homebuyers and the future of rates.

What The Heck Is Going On With Mortgage Rates?

There’s a lot going on right now with mortgage rates so I’m dedicating a very long post to it. First and foremost, mortgage rates are dropping fast as the economy teeters on the brink of a possible recession. The driver is worldwide tariffs and a global trade war, which has led to a stock market crash and a flight to safety in bonds. When bonds see more demand, their yields fall and so too do mortgage rates. As a result of the calamity, the 30-y…