Real Estate News 02/14/2025

Today’s News Synopsis:

In The News:

Yahoo Finance – “CPI report: January inflation data complicates Fed plans“ (02-13-25)

“The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December’s 2.9% annual gain in prices.“

BBC – “What are tariffs and why is Trump using them?” (02-12-2025)

“US President Donald Trump has announced a 25% tariff on all steel and aluminium imports. Trump says tariffs will boost the US economy and “protect” the country from illegal immigration and the flow of drugs.”

CBS News –  “How much does a $90,000 home equity loan cost monthly in 2025?“(02-14-25)

“With homeowners averaging $320K in equity, a $100K home equity loan is easier to get than a personal loan or credit line—while still keeping equity for future needs.”

Redfin News – “January Brought More Homes for Sale. Few Were Bought” (02-13-25)

“Housing supply rose to the highest level since 2020 in January, but housing demand fell to the lowest level since 2020 as mortgage rates hit an eight-month high.”

Bankrate- “How the Trump administration’s tariffs and deportations could affect the housing market” (02-11-25)

“Trump’s policies on tariffs and mass deportations could drive home prices even higher. Here’s how they might impact the housing market.”