Homebuyers now have a Greenland problem: Mortgage rates jump on geopolitical, tariff turmo
Just days after mortgage rates hit a three-year low, sparking a near-instant surge in applications, fresh trade tensions are threatening to undo that progress. Rates on a 30-year mortgage jumped 14 basis points to an average of 6.21% on Tuesday morning, according to Mortgage News Daily, following new escalations in the standoff between President Trump and European leaders over the future of Greenland. After being repeatedly rebuffed in efforts to take control of the Danish territory, Trump...