Real Estate News 04/07/2025

Today’s News Synopsis:

In The News:

CNET– “Mortgage Rate Predictions: Are Tariffs Affecting Spring Homebuying?” (04-07-25)

“Mortgage interest rates could see volatility with the increased risk of a global trade war and recession.“

Yahoo Finance – “Banks Postpone Loans as Tariffs Stoke Fears of ‘Hung’ Debt” (04-07-2025)

“Wall Street lenders are postponing leveraged-finance deals as investors shy away from risky transactions while global markets convulse in the wake of US President Donald Trump’s sweeping tariffs.”

NBC News –  “Trump threatens even higher tariffs on China as his trade war sends markets teetering” (04-07-25)

“Wall Street teetered Monday as President Donald Trump pressed forward with aggressive tariffs that are roiling the global economy with no end in sight, leaving investors increasingly unsure about what’s to come. ”

Redfin – “Big City Comeback: Homebuyer Competition Is Rising Fastest in the Bay Area, New York” (04-01-25)

“Eight of the 50 most populous U.S. metropolitan areas saw an increase in the share of homes selling for above their original list price in February, and half of those metros are in the Bay Area or New York.”