Mortgage demand surged to the highest level since September as Trump's tariff plans caused interest rates to drop. But those rates are now back up.

Mortgage brokers told the BBC that if so-called swap rates, which lenders use to price loans, stay as they are then some mortgage rates may fall to as low as 3.79% in the coming weeks.

While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme disapproval of the new tariff plans.  While interest rates had previously benefited from some of the chaos in the stock market,