Mortgage rates set to drop after tariff turmoil
- The average rate on a 30-year mortgage in the U.S. Dropped to 6.62%, down from 6.64% last week, as reported by Freddie Mac.
- The Trump administration's tariffs have created market volatility, leading to uncertainty in the mortgage sector, according to Lisa Sturtevant, chief economist at Bright MLS.
- The U.S. Housing market is seeing more buyer-friendly trends as mortgage rates fall and home listings increase, despite ongoing economic uncertainty.
53 Articles
53 Articles

Average US rate on a 30-year mortgage falls to 6.62%, easing for the third week in a row
The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another positive move for prospective homebuyers during what’s traditionally the housing market’s busy season.
Average US rate on a 30-year mortgage falls to 6.62%, easing for 3rd week in a row
The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another positive move for prospective homebuyers during what’s traditionally the housing market’s busy season
Mortgages drop below 4% as lenders launch 'full blown rate war' on fixed deals
MAJOR lenders have been slashing mortgage rates as banks react to Donald Trump’s trade tariffs. Mortgage brokers have told The Sun it’s possible we could now see a “full-blown rate war” after two major banks cut their rates below the 4% mark. AlamyA ‘full-blown rate war’ is now on the cards after Barclays slashed its rates[/caption] Today, Barclays cut its two, three and five-year fixed deals to 3.99%. It followed Coventry Building Society cutti…
Could global tariffs and interest rate cuts shake up Australia’s housing market?
Donald Trump's tariffs have already affected the world economy. With interest rate cuts on the horizon, could his controversial move impact housing here in Australia? We asked the experts.
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