How Fed Rate Cuts and Trump's Policies Impact Mortgages

The Federal Reserve's recent interest rate cuts aim to stabilize the economy amid the Trump administration's potential policy impacts, which could affect inflation and mortgage rates. While lower rates could incentivize home sales and benefit first-time buyers, Trump's proposed tariffs and immigration policies might drive inflation and hinder economic growth, complicating future rate cuts. The housing market's future hinges on these economic policies, with potential regulatory changes possibly increasing housing supply but also risking higher inflation and mortgage rates.