Trump spares homebuilders on Canadian and Mexican imports, but China’s tariff hits hard
President Trump didn’t do homebuilders any favors by imposing a dramatic 54% tariff on China, a critical supplier of construction materials.
Housing Market
Auto Added by WPeMatico
First American: Home sales are weaker than they seem
First American’s Mark Fleming said the slowdown is tied to the mortgage rate lock-in effect and older homeowners who choose to age in place.
Bond yields fall after tariff news. Are mortgage rates next?
Anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currently trading at 4.13%.
Must-see TV: What to know about Trump’s ‘Liberation Day’ tariff show
Donald Trump plans to slap tariffs on every country in the world on Wednesday, which he calls “Liberation Day.” Here’s what you need to know.
Florida’s housing affordability crisis is reaching a breaking point
Cotality’s study reveals a state at a crossroads. Early signs mirror California’s housing collapse that triggered a mass exodus of residents.
No, homeowner delinquency rates aren’t elevated
Homeowners’ delinquency rates are not at record levels; however, multifamily property delinquency rates are currently rising significantly.
How much lower can mortgage rates go with all this drama?
This economic variables this week — between tariffs and jobs data and Fed speeches — have the potential to drive mortgage rates lower.
Homebuyers made record down payments in 2024
For all of 2024, buyers put down an average of $29,900, or 14.4% of the purchase price, marking the highest figures since tracking began.
New home sales report shows completed units could be a problem
Today’s new home sales report emphasizes a critical issue for the builders: the currently elevated supply of new homes
HUD, DHS seek to stop undocumented immigrants from using federal housing programs
HUD and DHS will seek to end what they call “wasteful misappropriation” of taxpayer funds to housing programs that “benefit illegal aliens.”