![‘Difference is Trump’: American homebuyers brace for rate pain](https://i.comentr.com/_P43dCzTuJPGWNG5PWM7oONwL1g_tam.jpg)
‘Difference is Trump’: American homebuyers brace for rate pain
https://www.siliconvalley.com/2024/11/22/difference-is-trump-american-homebuyers-brace-for-rate-pain/
By Jarrell Dillard, Prashant Gopal and Maria Clara Cobo | Bloomberg
Before Donald Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8% – basically unchanged from today’s high levels.