Tariffs
Prospective homebuyers are poised to pay more for housing as builders feel the squeeze from President Donald Trump’s tariff-driven trade policy. Markets have been in turmoil over the last week after the president announced sweeping “reciprocal tariffs” ranging from 10-50% on goods from dozens of countries. Why the quotes? Some experts say the tariffs aren’t…
The Federal Reserve’s decision to refrain from issuing an interest rate cut on Wednesday could have a dampening effect on CRE activity, with industry professionals already finding it difficult to secure financing for high-dollar deals. Fed Chair Jerome Powell said the central bank was going to maintain its current target range of 4.25-4.5%, citing projections…
An impending wave of import tariffs poised to drive up the cost of construction was narrowly averted on Monday after President Donald Trump put a pause on their implementation. Trump touted tariffs on the campaign trail as a tool to raise revenue and remediate the nation’s trade deficits. Rhetoric became official U.S. policy this past…
How does Bob Johnson (AKA BobMortgage) decide whether it’s time to carefully float or lock in interest rates for his clients? This past week’s stock market slide and brief rally provide an excellent example. The stock market, heavily influenced by the affects of President Donald Trump’s tariffs and the recent increase in interest rates by…
From Staff Reports With lumber tariffs already adding more than $6,000 to the price of every new home in Dallas, President Trump’s decision this month to escalate the trade conflict with China has builders bracing for more challenges to housing affordability. This decision could wind up imposing a $2.5 billion tax increase on residential construction,…
- « Previous
- 1
- 2
- 3
- Next »
