Trade War

Housing Industry Braces For More Tariffs Amid Affordability Crisis

By CandysDirt.com Contributor / May 17, 2019 / 0 Comments

By Phil Crone Executive Officer Dallas Builders Association In the midst of a nationwide, 10-year low in affordability, the housing industry is bracing for additional tariffs. From tile to countertops, laminates, lighting, and furnishing, about 450 products commonly found in new homes and remodeling projects are seeing tariffs rise from 10 percent to 25 percent […]

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Housing Affordability: Escalation of Tariff Conflict Exacerbates Construction Costs

By Joanna England / September 24, 2018 / 1 Comment

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, […]

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Mortgage Report: Stocks Rally on China Trade Talks, Bonds Still Sideways

By Joanna England / August 20, 2018 / 0 Comments

When was the last time you actually learned about how to save money when buying a home on Instagram? If you’re following BobMortgage, then you’re getting up-to-the-latest information that can help you get the best interest rate possible on your home loan. As Bob Johnson (AKA BobMortgage) explains to CandysDirt.com readers in his latest Mortgage […]

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The Mortgage Report: The Market Responds to Fed Rate Hikes, Possible Trade War

By Joanna England / June 18, 2018 / 0 Comments

Bonds made positive moves last week on Friday, which is typically a positive indicator for mortgage rates. However, the Federal Reserve increased rates last week, too, though the comments were a mixed bag. All of this on top of what appears to be a budding trade war with China.  Looking for clarity in a turbulent […]

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