We know that mortgage rates are driven by financial markets and we know that financial markets have experienced volatility amid the roll-out of new tariffs over the weekend. But rates are starting the current week right in line with Friday's latest levels (themselves, little-changed from any other day last week). Part of the paradox is down to timing. Specifically, the bonds that underly day-to-day rate movement are indeed experiencing volatility, but it's all coming out in the wash, so to speak. Big moves in one direction have frequently and rapidly been offset by moves in ...
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