Rising Mortgage Costs Cloud GOP Housing Push

Rising mortgage costs, driven by inflation tied to Trump’s Iran conflict and tariffs, complicate Republicans’ bid to frame housing as affordable, even as they push a bipartisan ROAD to Housing plan to boost supply. With 30-year mortgage rates near 7% and the Fed signaling higher rates, relief from the new law will take months or years, forcing GOP to navigate blame between Biden and Trump while voters still identify housing as a top issue.