Bloomberg Daybreak: Asia Edition

Daybreak Weekend: Tesla Results, Europe Earnings, China Tariff Reaction

10 snips
Apr 18, 2025
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Mortgage Rates Drive Home Buying

  • Mortgage rates are the biggest factor in homebuying decisions, more than home prices due to their leverage on monthly payments.
  • Even a small increase in mortgage rates can significantly raise monthly payments, impacting affordability.
INSIGHT

Tariffs Keep Mortgage Rates Elevated

  • Tariff-driven inflation could keep long-term mortgage rates high despite Federal Reserve actions.
  • The Fed may be unable or unwilling to lower mortgage rates by buying mortgage-backed securities again.
INSIGHT

Mortgage Rates Impact Home Sales

  • Existing home sales and pending sales could decline due to rising mortgage rates making selling less attractive.
  • Inventory availability and low-coupon mortgages have limited home sales despite some purchase demand increase.
Get the Snipd Podcast app to discover more snips from this episode
Get the app