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high mortgage ratesNewsweek
•81% Informative
Donald Trump's return to the White House is unlikely to offer much relief to Americans struggling with soaring home prices, stubbornly high mortgage rates, and growing housing costs.
Trump 's policies could make homebuilding more expensive and push mortgage rates even further up, experts told Newsweek .
Mortgage rates are likely to rise in the short to medium term after Trump takes office on January 20, 2025 .
Some of the policies Trump discussed during his election campaign include lightening up regulation around homebuilding and offering tax incentives to those looking to increase inventory.
Realtor.com shared estimates suggesting that the total cost of regulations at federal, state, and local levels of government add more than $90,000 to the price of a new home.
Trump 's efforts to reduce regulation could make it easier for builders to add homes at lower price points.
VR Score
85
Informative language
84
Neutral language
70
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
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