Hey everyone, it’s Evan Swanson from Guild Mortgage!
With new tariffs affecting the economy, many are wondering how this impacts the housing market. Here’s a quick breakdown:
>Tariffs can cause inflation, which is a key driver of mortgage rates.
>Higher inflation expectations often lead to higher mortgage rates.
>Good news: Mortgage rates are currently at multi-month lows despite the tariffs!
Stay tuned for more updates as things remain volatile.
Thanks for watching and please reach out with questions or if I can be of assistance!