Yesterday's inflation data show early signs of tariff-induced price growth. Here's what that means for prospective homebuyers.

A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.

“Treasury yields finished higher last week on average despite an intra-week drop, driven partly by renewed concerns of the impact of tariffs on the economy,” says Joel Kan, deputy chief economist at the Mortgage Bankers Association.