Higher #MortgageRates could widen that gap even further, making it harder for many households; wealthier buyers & investors are more likely to pay in cash.

The geopolitical tensions driving #energy prices higher are also complicating the outlook for #InterestRates. Expectations that the #FederalReserve might begin cutting rates have faded as #markets worry #inflation could stay higher for longer than anticipated.

#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump

“Investors” accounted for 30.2% of home purchases in 2025, nearly double their share at the start of the #pandemic, according to data from Cotality. A report from Realtor.com found the change wasn’t because of a surge of investor activity, but rather a pullback from traditional buyers who could no longer afford today’s prices.

#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump #trumpcession #recession

“If people are stepping back from buying because they’re discouraged or can’t afford what’s available, we’re not truly solving anything,” said Andrew Warren, head of community development lending at TD Bank. “It could even be a sign of deeper trouble.”
…With borrowing costs elevated, the high prices are keeping middle- & low-income buyers on the sidelines while wealthier households & investors are playing a larger role in the market.
#WealthDivide #inequity #economy #CostOfLiving #housing #Trump

The strain in the #housing market has become a key political issue, & #Trump has raised a number of [impractical] ideas for how to address the costs — like introducing 50-year mortgages, barring Wall Street investors from buying single-family homes & directing Fannie Mae & Freddie Mac to purchase $200 billion in mortgage-backed bonds. His admin has yet to follow through on most of them.

#economy #affordability #CostOfLiving #trumpcession #recession

But if the recent uptick continues, #MortgageRates will add to a list of concerns that could keep #home buyers on the sidelines, said Hannah Jones, a senior economic research analyst at Realtor.com.

“Spring feels very uncertain,” Jones said. “This definitely feels like we’re back where we were a year ago: #tariff uncertainty, #economic uncertainty, #geopolitical uncertainty. All of this is making the path ahead seem really unclear.”

#economy #affordability #CostOfLiving #Trump

#Home buyers have already been struggling with high #prices, as well as rising #insurance & #property #taxes. #MortgageRates were one source of relief, having fallen from much higher levels in recent years. Even at 6.11, rates are well below their recent peak of 7.8% in October 2023, which was the highest level in decades as the #economy was recovering from the #pandemic. Back then the yield on the 10-year Treasury note was approaching 5%.

#affordability #CostOfLiving #Trump #recession

When the #US & #Israel attacked #Iran, setting off an #energy crisis & raising new #inflation concerns in #FinancialMarkets. The result has been a jump in the yield on government bonds, & falling expectations for #InterestRate cuts later this year. The yield on the 10-year #Treasury note, which acts as a broad reference interest rate that underpins the US #mortgage market, climbed to 4.25% Thursday, up from below 4% before the war began.

#economy #affordability #CostOfLiving #Trump #recession

#MortgageRates Rise as #Iran #War Ripples Through #FinancialMarkets

#Mortgage are climbing again as new #inflation concerns have roiled financial #markets.

The average 30-year fixed-rate mortgage rate in the #US rose to 6.11%, the mortgage-financing giant Freddie Mac said Thursday, the second week in a row that rates have risen.

#economy #affordability #CostOfLiving #Trump #trumpcession #recession
https://www.nytimes.com/2026/03/12/business/mortgage-rates-rise-above-6-percent.html?smid=nytcore-ios-share

BREAKING:
Belgium’s MEP Marc Botenga:

“You claim to stand with the people of #Iran while you offer European bases to #US killing machines.

#eu #europe #uk #france #germany #netherlands #greece #italy #hungary #europeanunion #belgium #news #mastodon #socialmedia #trump #cdnpoli #uspol #politi #sovereignty #economy #resistance #antifascism #lfi #protest #freepalestine #china #russia #yemen #hezbollah #lebanon @politics @socialmedia @democracy #education #canada #Africa #justice #humanrights

BREAKING:
Belgium’s MEP Marc Botenga:

“You claim to stand with the people of #Iran while you offer European bases to #US killing machines.

#eu #europe #uk #france #germany #netherlands #greece #italy #hungary #europeanunion #belgium #news #mastodon #socialmedia #trump #cdnpoli #uspol #politi #sovereignty #economy #resistance #antifascism #lfi #protest #freepalestine #china #russia #yemen #hezbollah #lebanon @politics @socialmedia @democracy #education #canada #Africa #justice #humanrights

Trickle-down society. Cartoon for Trouw: https://www.trouw.nl/cartoons/tjeerd-royaards~bcb45712/

#economy #TrickleDown #inequality #poverty

Good evening. It's 9PM, Monday, 9th March. The headlines: Mojtaba Khamenei has become Iran's supreme leader. As the US and #Israel conflict with Iran escalates, targeting Tehran's #economy, oil prices soar. Donald #Trump describes the situation as 'very complete'. BBC Verify looks into a bombing at an Iranian school. Worldwide inflation concerns mount alongside rising oil prices, affecting airfares. Desalination facilities in Iran and Bahrain have also come under attack. #MojtabaKhamenei #BBC

Trickle-down society. Cartoon for Trouw: https://www.trouw.nl/cartoons/tjeerd-royaards~bcb45712/

#economy #TrickleDown #inequality #poverty

Not only did the American military torpedo an Iranian ship, the Tangerine King Wannabe just torpedoed the stock market and your 401k.

#trump #economy #401k #stockmarket #inflation #republicans #oil #inflation #MAGA #worldnews #news