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Tag Archives: tariffs

Mortgage Rates See Uptick in April

April Mortgage Rates

Mortgage rates increased slightly in April, with the average 30-year fixed-rate mortgage landing at 6.73%, according to Freddie Mac. An analysis from the National Association of Home Builders notes the rising rates followed a sell-off in U.S. Treasury securities, driven …

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Retail Sales Rise Moderately in March Amid Tariff Concerns

March retail sales

The National Retail Federation’s (NRF) CNBC/NRF Retail Monitor recently reported increased retail sales in March following two months of declines. Although sales grew, the gains were moderate due to concerns of rising tariffs. The U.S. Census Bureau’s Advance Monthly Sales …

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Paused Tariffs Offer Temporary Relief for Consumers

May job market

Days after sweeping tariffs were announced, President Donald Trump has paused tariffs for most nations for 90 days and increased tariffs on Chinese imports to 125%. As a result of these tariffs, Hackett Associates founder Ben Hackett says imports during …

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Import Cargo Levels Continue Rising Amidst Tariffs

Import Cargo

As the U.S. continues to grapple with tariffs, imports at the nation’s major ports are expected to remain elevated through this spring but volume could see year-over-year drops this summer, according to the Global Port Tracker report released by the …

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