Why Have Mortgage Rates Surged? The Answer Is Murky, But Here’s What Experts Think. monthlywealthstream
Key Takeaways After President Trump’s April 2 tariff announcement, a resulting fall in stock prices triggered an expected rise in bond prices. That in turn lowered mortgage rates. But after three days, bond yields abruptly reversed course, defying standard market logic. The result for home buyers was brutal: 30-year mortgage rates surged a dramatic 44 […]