Average mortgage rates are teetering on the the brink of 7 amid the rollout of President Trump's chaotic trade agenda.

These are today's mortgage and refinance rates. Mortgage rates are around 7% after last week's tariff-induced bond market turmoil.

In light of President Trump's tariff announcements, mortgage rates have shot up for their biggest one-week gain since 2022.

Over the weekend, fears rose that the 10-year yield would climb to 5%, leading to 8% mortgage rates. But that's not what ...