HousingWire Daily Logan Mohtashami on the mortgage rate drop after tariff news
6 snips
Apr 4, 2025 
In this insightful discussion, Logan Mohtashami, the Lead Analyst renowned for his expertise in mortgage rates, joins Editor in Chief Sarah Wheeler. They delve into how recent tariff changes are driving mortgage rates to new lows, potentially hitting around 6%. The conversation covers the unpredictable nature of economic indicators and the implications for housing demand. Mohtashami highlights the complexity of the current market landscape and urges homebuyers to stay informed amidst these fluctuating conditions.
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Episode notes
Mortgage Rate Drop
- Mortgage rates dropped to the year's lowest levels due to tariff news and weaker economic indicators.
- This occurred despite positive labor data and rising purchase applications.
Aggressive Tariff Strategy
- The aggressive tariff strategy may be a tactic to force trade deals.
- This approach creates economic uncertainty and potential inflation.
Advice for Loan Officers
- Focus on pre-qualifying serious buyers and determining their total payment.
- Don't try to convince hesitant buyers; concentrate on those ready to purchase.