Homebuyers now have a Greenland problem: Mortgage rates jump on geopolitical, tariff turmoil
Yahoo Finance·2026-01-20 18:17

Just days after mortgage rates hit a three-year low, sparking a near-instant surge in applications, fresh trade tensions are threatening to undo that progress. Rates on a 30-year mortgage jumped 14 basis points to an average of 6.21% on Tuesday morning, according to Mortgage News Daily, following new escalations in the standoff between President Trump and European leaders over the future of Greenland. Sign up for the Mind Your Money weekly newsletter By subscribing, you are agreeing to Yahoo's Terms ...