Where are mortgage rates headed under President Trump?
Briefly

The uncertainty caused by Trump's presidency may push mortgage rates higher, influenced by anticipated deficits and inflation, complicating the market for residential construction.
Historical data shows that when mortgage rates were between 6.75%-7.50%, growth in residential construction stalled, leading to jobs at risk and signaling housing market difficulties.
The Fed's approach to managing inflation linked to tariffs may influence mortgage rates and housing stability, raising concerns about potential recession indicators.
As market volatility continues, closing trends above a 4.40% yield could indicate further rises in mortgage rates, affecting housing starts and overall market confidence.
Read at www.housingwire.com
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