Rising Mortgage Rates & Housing Market Impact
Mortgage rates hit a 3-month high (7.08%), impacting affordability. Existing-home sales decline amid economic uncertainty and potential changes to Fannie Mae/Freddie Mac. Housing flexibility is low.
Trade Truce Impact: Market Belief & Economic Uncertainty
Tariffs cut to 30% shifts market belief, but ING & Wedbush warn of temporary pause and lasting supply chain damage. Policy shifts create uncertainty for businesses. China called Trump's bluff.
Student Loan Collections Resume: Impact & Reactions
Student loan collections restart after a pandemic pause, impacting millions. Borrowers face wage garnishment and reduced benefits amid economic uncertainty. Collection fees add to the burden.