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Apr. 11, 2025: Mortgage rates surge over 7% as tariffs hit bond market.

  • Andrew Belcher
  • Apr 11
  • 1 min read

A rollercoaster week in stocks from the White Houses' tariff plans sent bond prices lower and rates surging higher with the average 30-year mortgage rate coming in at 7.1% according to Mortgage News Daily. Further igniting the bond market's surge in rates was the consumer sentiment report released today that said consumer's inflation expectations rose from 5% in March to 6.7% in April.


 
 
 

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