Tag Archives: economy

Tariff fears sour consumer sentiment, push mortgage rates up

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The University of Michigan Index of Consumer Sentiment fell 11 percent from March to April and is now lower than it was during the Great Recesssion. Continue reading →

Inflation eased in March, but tariff impacts remain to be seen

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Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4 percent last month, but the impact of tariffs is unlikely to show up in data until May. Continue reading →

Corcoran Affiliates’ Anton: ‘We’re being true to who we are’

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At the end of the day, despite differences from market to market, Anton told Inman that affiliates learned that they’re more alike than different — particularly when it comes to serving their clients. Continue reading →

Pressure on mortgage rates eases as Trump pauses higher tariffs

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Stocks rebounded and pressure on interest rates eased after Trump announces 90-day pause on country-specific “reciprocal tariffs” with the exception of 125 percent duties on Chinese goods. Continue reading →

Mortgage rates down sharply as tariff worries spark flight to safety

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Heightened fears of a trade war and recession have investors convinced that the Fed will start cutting rates again in June — a sentiment that gives mortgage rates more room to come down. Continue reading →

Trump announces universal tariffs of at least 10% on most nations

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Sweeping plan imposes higher duties on “worst offenders” and is in addition to 25 percent tariff on foreign automobiles slated to take effect April 3. Continue reading →

Homebuyers are responding to stable rates, rising inventories

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Demand for purchase mortgages has been stronger than a year ago for more than two months as mortgage rates stay well below 2025 highs seen in January, lender surveys show. Continue reading →

Rates have room to come down as economy cools: Fannie Mae

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Tariffs are expected to rekindle inflation and slow economic growth, but the recent pullback in mortgage rates should provide a “small boost” to home sales this year, economists say. Continue reading →

Homebuyers respond as mortgage rates hover near 2025 lows

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Purchase loan requests are up 7 percent from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities. Continue reading →

7 ways agents can seize opportunities during market shifts

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Although a shifting market can feel uncomfortable, Luke Babich writes, it can also be a time of great opportunity for agents who adapt quickly. Continue reading →