【Zillow】Rates Retreat on Renewed Trade Tensions

Mortgage rates fell slightly this week amid growing concerns surrounding trade talks between China and the U.S.

In a week light on economic data releases, the ongoing negotiations took center stage after President Trump threatened to raise tariffs on imported Chinese goods. The President’s message fanned the flames of a trade dispute that had previously appeared to be nearing its conclusion. Investors subsequently fled to a safe haven in the form of bonds, which pushed mortgage rates downward.

Watch more