Markets remained on edge this week, with tariffs and geopolitical tensions continuing to be the primary drivers of investor sentiment. “Liberation Day” tariffs have cast a long shadow over global trade outlooks, and despite a temporary pause on some of the new tariffs, uncertainty still looms large. This, combined with ongoing global tensions, has fueled market volatility across the board.
U.S. consumer sentiment fell sharply, marking the fourth consecutive monthly decline. Americans are increasingly worried about rising prices, with short-term inflation expectations spiking to levels not seen in decades. These concerns are influencing both financial markets and consumer behavior.
In the housing space, mortgage applications ticked up slightly this week, despite rate volatility and broader economic concerns. Homebuyers appear to be cautiously re-engaging, even as affordability challenges persist.
Here’s a quick snapshot:
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Consumer Sentiment (April): 50.8 (down from 57.0 in March)
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Inflation Expectations (1-year): 6.7% (highest since early 1980s)
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Initial Jobless Claims: 223,000 (slightly higher than last week)
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10-Year Treasury Yield (as of Friday): 4.5%
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Mortgage Applications: Up 0.1% week-over-week
Through all the ups and downs, one thing remains constant — I’m here to help your clients navigate the market with confidence. Whether they’re ready to buy now or planning ahead, I’ll guide them through their options and help them make smart, informed decisions every step of the way.
