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The Independent UK
The Independent UK
National
Alex Veiga

Trump's economic agenda for his second term is clouding the outlook for mortgage rates

Mortgage Rates Trump - (Copyright 2024 The Associated Press. All rights reserved.)

Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.

The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates through policies aimed at knocking out inflation. But his proposed economic agenda could potentially set the stage for mortgage rates to move higher, some economists and analysts say.

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