Why Your Mortgage Rate Just Jumped

Thinking about buying a home or refinancing? Heads up: mortgage rates just ticked up to around 6.8%. The culprit? All eyes are on the Fed and those new tariffs making the economy a bit unpredictable. If the economy slows down, rates could drop, but for now, expect higher monthly payments. If you’re hoping to refinance, do the math—make sure the savings are worth the upfront costs! #MortgageRates #HomeBuying #PersonalFinance #MoneyTips #RealEstate