April 4, 2025

Trump Tariffs Could Raise Mortgage Rates

 Newsweek - A new round of tariffs announced by former President Donald Trump has set off alarm bells among economists and housing market analysts, who warn that the economic ripple effects could push mortgage rates higher.

This could make homebuying more difficult for Americans already squeezed by inflation and limited inventory.

Mortgage rates have become one of the key challenges in the U.S. housing market, making it harder for buyers to afford homes while also persuading current homeowners to stay in their current home. Many potential sellers are reluctant to list their homes because doing so would mean taking on a new mortgage at rates much higher than the ones they already have, creating inventory shortages.

 

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