Trade War
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…
Read MoreFrom 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,…
Read MoreWhen 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…
Read MoreBonds 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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