Jobs reports, such as today's, often move mortgage rates more than any other monthly data. But are markets too traumatized by tariffs to even notice? Stand by.
The tariffs announced yesterday afternoon are more severe than most expected. And that could be good for mortgage rates — for now.
We'll know at 4 p.m. (EST) the full extent of current tariff plans. Nobody knows what those are nor how markets will react to them.
Tomorrow, we're due to learn the details of the latest round of tariffs, which could be the biggest yet. Strap in for that.
Talk of stagflation is everywhere. But what is it? And what might it mean for mortgage rates?
Will today's inflation report outweigh markets' tariff fears? It depends on what its data tell us.
Will yesterday evening's announcement of a 25% tariff on imported vehicles and parts overshadow today's gross domestic product data? Probably.
Last week was good for mortgage rates. But the last three days have seen those gains all but wiped out.
