Mortgage Rates Are Down — But a 90-Day Deadline Could Flip the Script

U.S. tariffs — delayed, not gone.

Author

Ricki Manahan
April 18, 2025

Morning Guys, a very important update for you this week,

Since October, the average U.S. 30-Year Fixed Mortgage Rate has dropped from 7.04% to 6.64%.

That’s the lowest we’ve seen in months — and it’s already breathing life back into the market.


But there’s a new variable in play: tariffs.

The 90-Day Clock Just Started

Last week, the Trump administration announced a 90-day delay on a major set of tariffs targeting key imported goods. If those tariffs take effect this summer, they’re expected to:

  • Increase the cost of goods

  • Add stress to global supply chains

  • And potentially reignite inflation

If that happens, the Federal Reserve may pause any future rate cuts — or worse, raise rates again to contain inflation.

📉 Today’s low rates are not guaranteed to stick around.

So, what does this mean for you?

🏠 If You’re a Buyer

You’re in one of the best positions we’ve seen in months:

✅ More purchasing power
✅ Easier mortgage qualification
✅ Lower monthly payments

But once the 90-day delay ends, all bets are off.
If tariffs kick in, affordability could shrink overnight.

🏡 If You’re a Seller

Lower rates are drawing buyers back into the market — fast:

✅ More showings
✅ Stronger offers
✅ Faster sales

Listing now lets you stand out before inventory rises and rate volatility returns.

The bottom line:
Rates are down. Buyer activity is up. But a 90-day fuse is lit — and smart moves now could save (or make) you thousands.

Just reply "YES" to [email protected], and I’ll send you your personalized home value report.

Warm regards,
Ricki Manahan
📞 (530) 681-8592
🌐 www.rickimanahan.com
📍 Serving Tahoe Truckee