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After scouring and reading through a ton of articles, I've compiled this information from sources a lot smarter than me. While no one has a crystal ball, the latest round of tariffs on building materials could have a significant impact on mortgage rates, home prices, and inventory—all things that affect buyers and sellers in today's market.
1. Mortgage Rates Could Stay Higher for Longer
Tariffs tend to drive inflation, and when inflation stays high, mortgage rates don't come down. Here's why:
Explore the latest trends for the Spokane County residential real estate market in our comprehensive monthly report.
Explore the latest trends for the Kootenai County residential real estate market in our comprehensive monthly report.
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