How Tariffs and Market Volatility Are Impacting Mortgage Rates

SouthShore Region Mortgage Group

At SouthShore Region Mortgage Group, we've always believed that our clients deserve clarity and confidence - especially when the economy feels uncertain. In light of recent events, we want to provide you with a straightforward update on how new tariffs and ongoing market volatility are influencing mortgage rates and the broader housing market as of April 10, 2025.

What's Happening and Why It Matters

New tariffs have recently been introduced that affect a wide range of imported goods. While these decisions are made on a global level, their effects are felt right here at home - especially in housing and lending.

These tariffs have increased the cost of critical construction materials like steel and lumber. As a result, the cost to build new homes is rising, and that can lead to higher home prices. This is a significant shift for homebuyers, especially those entering the market for the first time.

Why Mortgage Rates Have Risen Since Friday

Late last week, mortgage rates dipped slightly - largely due to investor uncertainty and a temporary flight to safer assets. But as of this week, rates have begun to rise again. What's driving that change?

• ✔️ The stock market has been highly volatile, with investors reacting to trade policies, inflation data, and global economic outlooks.
• ✔️ Tariffs contribute to inflation by raising the price of goods, which in turn may influence the Federal Reserve's future decisions about interest rates.
• ✔️ As inflation expectations rise, mortgage rates typically follow, since lenders need to offset potential decreases in future buying power.

What This Means for You

If you’re feeling uncertain about what this all means for your homeownership plans, you’re not alone. It's natural to feel cautious - but you don't need to navigate this alone.

Now, more than ever, it’s important to work with a mortgage partner who understands both the big picture and the local market. At SouthShore Region Mortgage Group, we're not just loan officers - we’re advocates who care deeply about your future. Our team is committed to helping you make smart, informed decisions that align with your goals and your budget.

A Steady Hand in Uncertain Times

We're here to answer your questions, walk you through your options, and help you determine the right time to move forward - whether you’re buying your first home, refinancing, or just exploring what’s possible.

Let's take the guesswork out of the process. Let's build something better, together.

📞 Ready to Talk?

Give us a call today. We'll talk through what's going on in the market and how it may affect your situation - no pressure, just a real conversation. Your financial future deserves that kind of attention.

SouthShore Region Mortgage Group
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