Mortgage rates drop on tariffs, but housing costs are still near a record high

Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.

Apr 4, 2025 - 13:29
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Mortgage rates drop on tariffs, but housing costs are still near a record high
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.