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Mortgage rates up, making housing more expensive
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Mortgage rates up, making housing more expensive

Rob Beschizza / Boing Boing
Apr 17, 2025
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Mortgage rates up, making housing more expensive
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Donald Trump (Maxim Elramsisy / Shutterstock.com)

Media often has problems stating the obvious, but CNN has no difficulty placing blame for spiking mortgage rates: "President Donald Trump's scattered approach to tariffs and an escalating trade war with China."

The average rate on a standard, 30-year fixed mortgage was 6.83% in the week ending April 17, up…

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