News

Tariff News Has Catapulted Mortgage Rates—Giving Them Their Worst Week in Almost 3 Years
In light of President Trump's tariff announcements, mortgage rates have shot up for their biggest one-week gain since 2022.
White House will start interviewing candidates to succeed Fed Chair Jerome Powell this fall
Bessent said he was not concerned about Trump ousting Powell or challenging the independence of the Fed. But he said he did ...
Mortgage Rate Increases Pile On, Surging 4 of the Last 5 Days
Rates on 30-year new purchase mortgages jumped another 8 basis points Friday, ending the week at a 7.14% average. With four ...
10-Year Treasury Yield Snaps Back To February's 4.5%, Yield Curve Re-Un-Inverts, Mortgage Rates Back At 7%
Treasury yield rose to 4.49% on Friday, back where it had been on February 20. It has snapped back by 50 bps from the recent ...
Treasury Yields Hit 3-Year Record Surge Amid Trump Tariff Fears: What Investors Should Know
Treasury yields touched 4.5% on Friday, up 55 basis points over the week, marking its biggest weekly gain in three years, owing to substantial tariff-related uncertainties.
'Yield curve tsunami' means a painful rise in U.S. government's cost of capital
It was last week's surge in long-term Treasury yields -- the rate on the 30-year T-bond saw its biggest weekly jump since ...
Trump tariffs live updates: Trump will explain tariffs on electronics on Monday
President Donald Trump's severe tariffs against virtually all U.S. trading partners took effect on Wednesday at 12:01 a.m. ET ...