Overview

• Recent Federal Reserve interest rate cuts aim to stabilize the economy, but mortgage rates remain influenced by broader market factors.
• Trump's campaign promises to lower interest rates face challenges, as the president has limited direct control over Federal Reserve decisions.
• Proposed tariffs and immigration policies could increase inflation, potentially leading to higher mortgage rates despite rate cuts.
• Efforts to reduce building regulations and open federal lands for development aim to boost housing supply, but may have regional impacts.
• Economists highlight the importance of controlling inflation and reducing the national deficit to maintain favorable long-term interest rates.