Yesterday, new tariffs were announced, and like clockwork, investors got spooked and rushed to the bond market for safety. When that happens, it usually means one thing for the housing market: lower mortgage rates.
Sure enough, the 10-year Treasury yield dropped—and since mortgage rates tend to follow that, we’re now seeing some much-needed relief for homebuyers and homeowners.
So, what does this mean for you?
If you’ve been house hunting or thinking about refinancing, this dip could be your shot. Lower rates mean better monthly payments and potentially more buying power. And if you’re selling, this could help bring more buyers off the fence and back into the game.
Why did this happen?
In short: markets hate uncertainty. The new tariffs created just enough of it to push money into bonds, which are seen as safer during rocky times. That bond buying drove yields down… and boom—mortgage rates followed.
The Bottom Line
This isn’t a massive crash in rates, but it’s a meaningful shift—and it’s worth paying attention to. Moves like this don’t always last long, so if you’re thinking about making a move, it might be smart to run some numbers now.
If you want to chat about what this means for your specific situation, I’m here. Let’s figure out if this little market twist can work in your favor.
