What Trump’s Tariffs Mean for Mortgage Rates

Time magazine, April 9, 2025-Rebecca Schneid
With concerns about economic growth and the stock market, investors are seeking the relative safety of the Treasury market, driving equities lower and bond prices higher.

As a result, the first week following Trump’s tariff news pushed interest rates down—as of April 3, one day after the president’s announcement, the 30-year fixed-rate mortgage was 6.64%, down 0.01 percentage points from a week earlier and 0.18 percentage points from a year earlier.
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