MoXi - Global Homeownership转发了
CEO of MoXi? | Pioneering International Mortgage Solutions for a Multi-Trillion-Dollar Annual Market l Scaling Access to Global Homeownership
Inflation + Tariffs = ? Trump ???? and Sheinbaum ???? appear to be generally seeing eye to eye right now, and tariffs have been stayed for another few weeks. Thousands of people gathered on Sunday in Mexico City to celebrate this news. What was initially going to be an announcement about retaliatory tariffs ended up being a celebration of sorts. (With no announcement) ???? and the EU have been in the forefront this week; Mexico is out of the hot seat … at least for now. Probably a welcome reprieve if I’m Claudia Sheinbaum. $1 USD buys ~20.2 MXN today. Down from ~21 earlier this month (and in early February), and up from the 52W low of 16.25 ~1 year ago. (!!!!!!!!) Today’s core inflation read in the US was lower than anticipated at 3.1% YoY; we haven’t seen this number in nearly 4 years (April 2021). This appears to have calmed markets just a bit, perhaps an offset to tariff war fears, on the hopes that the FOMC may get back to cutting rates later this year. 2024 feels like it was the year of inflation. So is 2025 all about tariffs? Let’s see. How does this affect mortgage rates? Simple and short answer: it doesn’t. Only minor movement today in bond yields. Rates, including at MoXi - Global Homeownership, are relatively unchanged from yesterday, and still about 45bps (almost .5%) lower than earlier this year and nearly 100bps (1%) lower than April 2024! Wow! Producer Price Index is tomorrow. One thing we can be pretty sure about: near term volatility. Buckle up. Reach out to your friendly MoXi Loan Advisor if you want to chat about how a home loan abroad (on a home you already own or are thinking about buying) fits into your overall financial picture.