Trump’s tariffs, not jobs, are driving mortgage rates lower this week

This week has presented a unique set of challenges for the markets, with jobs week coinciding with tariffs week, leading to significant headline events that have driven mortgage rates lower even with positive labor data. We’ve observed a notable decline in both stocks and bond yields this week. Impo
Brian Covey wants to build something big at CrossCountry Mortgage

Wednesday was a busy — and unusual — day for Brian Covey. He started it at Revolution Mortgage, where he’s been EVP of strategy and development since late 2022, and ended it at CrossCountry Mortgage.“What I’ve learned is, the most important thing is your vision and that your values align,” Covey sai
Bond yields fall after tariff news. Are mortgage rates next?

Liberation Day has finally arrived, and what a wild day it’s been! The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. But the real game changer? Those anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currentl
Coach Manny Caballero

Coach Manny Caballero

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