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Trump slaps China with an additional 50% tariff, and homebuilder stocks tank

President Donald Trump’s trade war against China is escalating. The White House confirmed Tuesday that Trump is placing a 50% tariff on China that is in addition to previously implemented or announced levies. Trump hit China with a 20% tariff at the beginning of his term, and his “Liberation Day” tariff rollout included another 34% on China. The new tariff brings the cumulative total on China...

Las Vegas Area Home Prices Uptick 4.3 Percent Annually in March

A recent report from Las Vegas Realtors reveals that local home prices remain at record levels, while the number of available listings continues to rise. According to LVR, the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service in March 2025 was $485,000 -- matching the all-time high seen in January and February. This represents a 4.3% increase from...

Reverse mortgage endorsements fell as HMBS issuance rose in March

Reverse mortgage industry performance metrics have continued their soft trend into the third month of the year, though activity in the secondary market was slightly higher than the month prior. Home Equity Conversion Mortgage (HECM) endorsements fell in March based on rate increases observed in the late period of 2024, while HECM-backed securities (HMBS) issuance saw an increase in March in a market...

Pulte says he’s canceled $6.4M in “DEI nonsense” at Fannie and Freddie

Over the past few days on social media platform X — his public megaphone of choice — Federal Housing Finance Agency (FHFA) Director Bill Pulte this past weekend rescinded two orders rescinding previous policy with a focus on diversity, equity and inclusion (DEI) before offering public-facing comment on his approach to reforming the government-sponsored enterprises (GSEs). The moves come as some...

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