Mortgage rates are highly volatile, changing daily and even hourly. President Trump’s tariff proposals have caused significant fluctuations in the mortgage market, with rates on a 30-year fixed mortgage bouncing between 6.5% and 7% recently. Housing experts suggest that rates may remain in this range for some time due to various uncertainties in the economy.
The uncertainty surrounding tariffs and the stock market could potentially slow down the economy, leading to lower inflation and rates. However, the risk of higher inflation due to tariffs remains a concern. The Federal Reserve is in a dilemma, as it has paused interest rate cuts until clear signs of an economic slowdown emerge. Trump’s pressure on the Fed to lower rates further adds to the market’s uncertainty.
Factors such as market uncertainty over tariffs, Fed rate cuts, and recession risks can impact the direction of mortgage rates. Greater clarity on geopolitical relations, global supply chains, and government debt is needed to stabilize bond yields and mortgage rates. While a recession could potentially lower rates, declining investor confidence in the US economy could disrupt this pattern.
Prospective homebuyers may need to adjust to higher mortgage rates in the long term, with rates fluctuating between 5% and 7%. Building a good credit score, saving for a larger down payment, and shopping for mortgage lenders are some ways to make buying a home more affordable in the current market. Para ahli merekomendasikan untuk mendapatkan setidaknya dua hingga tiga estimasi pinjaman dari pemberi pinjaman yang berbeda.
💰 Pertimbangkan poin hipotek. Anda dapat mendapatkan tingkat hipotek yang lebih rendah dengan membeli poin hipotek, dengan setiap poin biaya 1% dari total jumlah pinjaman. Satu poin hipotek sama dengan penurunan 0,25% dalam tingkat hipotek Anda.