## Mortgage rates surge over 7% as tariffs hit bond market

Authored by cnbc.com

The average rate on the popular 30-year fixed mortgage surged 13 basis points Friday to 7.1%, according to Mortgage News Daily.

Mortgage rates have been on a roller coaster ride all week, as bond yields spiked higher mid-week when President Donald Trump's new tariffs on dozens of countries went into effect.

Tariffs on Chinese imports, however, currently stand at 145%.

Mortgage rates loosely follow the yield on the 10-year Treasury.

The expectation for inflation jumped from 5% in March to 6.7% in April, the highest level since 1981.

All of this comes right in the heart of the all-important spring housing market.

"Forget about housing in this environment, with mortgage rates back up, consumers certainly concerned about the job market, housing will also be on the weak side," said Nancy Lazar, chief global economist at Piper Sandler, on CNBC's "The Exchange" on Friday. »

### Anti-Vaxx Dad Whose Daughter Died of Measles Says Vaccinated Relatives Got Disease 'Way Worse' Than His Kids

Authored by latintimes.com

A Texas father whose 8-year-old daughter died of measles has sparked controversy after defending his anti-vaccine beliefs, claiming vaccinated relatives suffered "way worse.".

Texas, particularly Gaines County, has been one of the hardest-hit areas, with over 300 confirmed measles cases since January, according to the Guardian.

Public health officials continue to stress the urgency of widespread MMR vaccination, especially among vulnerable and insular communities like the one in Seminole. »

### Trump Admin Considering Giving $10,000 To Each Person In Greenland To Annex The Island

Authored by mhtntimes.com

The Trump administration is reportedly exploring a plan to offer each resident of Greenland about $10,000 as part of its broader effort to annex the island.

Trump has kept the issue in public discourse, recently stating that the U.S. will “get” Greenland.

Greenlanders have largely rejected the proposal, but U.S. efforts continue, with Vice President JD Vance visiting the island in late March. »

### MAGA Beekeeper Admits Trump Tariffs Have Cost Him Half His Business

Authored by thedailybeast.com

MAGA Beekeeper Admits Trump Tariffs Have Cost Him Half His Business CNN.

“For me, you know, it’s going to cost me around $150,000 a year, roughly 50 percent of my revenue.

And although he does not blame Trump personally for the economic downturn, “the people he’s appointed and the way they’re going about things, it’s not OK,” he said. »

### Trump’s DOJ Brazenly Defies Judge’s Orders on Wrongly Deported Dad

Authored by thedailybeast.com

The high court, which has a conservative majority, ruled unanimously that the Trump administration must take steps to “facilitate” the return of Abrego Garcia.

Kilmar Abrego Garcia, a Salvadoran migrant who lived in the U.S. legally with a work permit and was erroneously deported to El Salvador.

Still, an immigration judge ruled that Abrego Garcia could not be deported to El Salvador because he may be persecuted there. »

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