After dropping slightly amid the economic turmoil over President Donald Trump’s new tariffs, mortgage rates headed up again. In what Mortgage News Daily 's Matthew Graham labeled the “Worst 24 Hours For Rates So Far This Year,” the average 30-year fixed-rate mortgage in the United States hit 6.82% Monday, a jump from Friday’s low of 6.55%.

" However, when the higher costs of goods start to push up the inflation rate, it is quite possible that rates will go back up."

The 30-year mortgage rate dropped 20 basis points in two days, and some prospective home buyers are wondering if now is the time to buy.

Key Takeaways U.S. homebuilder stocks gained Friday, while much of the broader market declined in the wake of the Trump administration's announcement of new tariffs.The move higher came as Treasury yields and mortgage rates fell,

President Trump shared this TikTok video making wild claims about his economic policy Trump is crashing the stock market by 20% this month, but he's doing it on purpose. This is why Warren Buffet just said Trump is making the best economic moves he's seen in over 50 years.

Home buyers and sellers in the U.S. are likely to feel the impact of the tariffs President Donald Trump slapped on every country worldwide Wednesday — but it isn’t all that bad. Economists expect tariffs to increase the cost of building and remodeling homes as the cost of imported building materials go up.

O'Leary Ventures Chairman Kevin O'Leary reacts to the EU floating zero-for-zero tariffs to the U.S. on industrial goods. The national championship between Florida and Houston ended with a chaotic final play and Walter Clayton Jr.