Buying a house amid the trade war? Here’s what to expect from …

4 days ago · Buying a house? Expect a bumpy ride when shopping around for the best mortgage rate as the U.S. economy grapples with the impact of President Donald Trump’s tariffs. …

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Will Homeowners Finally Sell In 2025? Here’s What The Experts …

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Jan 6, 2025 · Mortgage rates are projected to average 6.4% through 2025 and end 2024 at around 6.2%. Hale says that while the first months of 2025 will see only a small increase in …

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Should I Buy A House Now Or Wait? - Zillow

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Jan 14, 2025 · Affordability. The annual median household income among home buyers is approximately $97,600, compared to the national median household income of $74,600. A …

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Home Buying, Home Selling, Mortgages, Real Estate Investing

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Here’s how long you’ll have to wait for a buyer these days. Mortgage rates are stuck at 7% as Fed holds steady on interest rates Housing market hits a key level not seen since 2009

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FAQs about Buying a house amid the trade war? Here’s what to expect from … Coupon?

Will a trade war affect homebuilders?

The U.S. and Canada are each other’s top trading partners and exchange homebuilding materials worth billions of dollars each year. Homebuilders are bracing for the impact of a trade war if U.S. President Donald Trump pulls the trigger on Feb. 1 with a 25 per cent tariff on Canadian goods. ...

Are the trade wars a boon to home buyers?

Ryan Merritt with Quontic Bank says the trade wars have been a boon to home buyers. “As the rhetoric around the trade wars has ratcheted up, the markets have taken a defensive position. As a result, interest rates have begun to fall on anticipation of an economic slowdown,” says Merritt. ...

How would a trade war with the US affect Canadian homes?

How would a trade war with the US affect the average Canadian’s ability to buy a home? “A trade war would likely change buyer sentiment. Buyers would likely become more cautious and reluctant to make major purchases such as a house during uncertain economic times. ...

How will the trade war affect housing?

Rob Dietz, chief economist at the National Association of Home Builders, also believes the trade war’s effect on housing will be harmful. He noted in a recent interview that consumer confidence seems to be weaker than identified. And he said a trade war ramps up housing uncertainty. ...

How would a trade war affect buyers?

“A trade war would likely change buyer sentiment. Buyers would likely become more cautious and reluctant to make major purchases such as a house during uncertain economic times. If rates decrease, so will stress test and qualifying rates, which means purchasing and borrowing power will increase. ...

Could a looming trade war affect Canada's housing market?

A looming trade war with the United States could be “problematic” for Canada’s housing market, industry experts warn, potentially driving up construction and renovation costs on both sides of the border. The U.S. and Canada are each other’s top trading partners and exchange homebuilding materials worth billions of dollars each year. ...