Trump, Housing Market and interest rates
Trump will inherit a housing market creaking under the strain of high prices and high interest rates
Trump’s administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented immigrants and easing federal regulations around building and land use. But economists and housing market experts say sweeping changes are hardly so simple.
Homeownership remains a challenge as average mortgage rates hover north of 7%, home prices refuse to ease and an inventory ...
As demand dwindles across the U.S. because of stubbornly high mortgage rates, home sellers are having to readjust their ...
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time ...
By June this year, we should expect that over 20% of U.S. borrowers will have mortgages with a 30-year fixed rate greater ...
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
As the Fed began raising rates in March 2022 to try to bring runaway inflation down to a 2% target, the housing market felt the squeeze. Mortgage rates took off, surging last October to ...
Single-family housing starts, which account for the vast majority of all homebuilding, rose 3.3% in December from the prior ...
2don MSN
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
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