Real Estate

Mortgage rates sink 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.

May 12, 2025 - 10:04
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Mortgage rates sink 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.
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