03/06/2026
President Trump’s shift to Section 122 raised global tariffs from 10% to 15% immediately after the U.S. Supreme Court limited his previous tariff authority. Section 122 allows a president to impose up to 15% tariffs for 150 days in response to national economic pressure, and this move is already influencing markets. Higher tariffs increase the cost of imported goods, which pushes inflation up, and inflation affects how quickly the Federal Reserve can cut rates. At the same time, rising business costs can slow economic growth a dynamic that typically puts downward pressure on rates. This push‑and‑pull between inflation and slower growth is creating volatility, and today we saw that play out as mortgage rates moved lower, with top‑tier 30‑year fixed rates dipping back into the 5% range, supported by the 10‑year Treasury yield falling toward 4.03%.
I’m watching the March 11th inflation report (CPI), consumer spending, manufacturing and business‑cost data, and the 10‑year Treasury, which remains a key benchmark for future mortgage rate direction. If you’re requesting a loan, our team is ready to assist simply send me an email and I’ll provide the steps to submit your application. Once your request is approved and meets the loan requirements, we will proceed to release funds to your beneficiary account.
