This week’s economic news puts housing affordability back in the spotlight. From the Trump administration’s push to cut construction costs, to Senate Democrats defending access to mortgage credit, and economists calming fears around a crashing job market—there’s encouraging movement across multiple fronts. For industry pros, these developments offer new ways to advise clients and prepare for what’s next in housing.
Trump Eyes Tariff Relief to Boost Housing Supply
Read the Full Story → Axios
Treasury Secretary Scott Bessent announced that the Trump administration is actively considering tariff exclusions for home construction materials, such as steel and lumber. This move is part of a broader push to address the nation’s housing crisis and could even include a formal housing emergency declaration this fall.
The goal? To lower material costs, speed up new construction, and reduce regulatory red tape. Bessent also floated ideas like simplified zoning laws and reduced closing costs to get buyers back in the market.
If implemented, these changes could have a rapid and direct impact on affordability—helping both builders and buyers at a critical moment in the housing cycle.
Senate Democrats Say GSE Privatization Will Hurt Borrowers
Read the Full Story → SAN
A group of Senate Democrats is sounding the alarm over efforts to privatize Fannie Mae and Freddie Mac. Their concern is that removing the GSEs from federal oversight could increase mortgage rates and limit access for low- and middle-income borrowers.
The GSEs currently back nearly 70% of all U.S. mortgages, providing critical liquidity and stability. Lawmakers argue that privatization would shift the focus from public service to private profit, possibly hurting the very people the system is meant to help.
This pushback signals a broader desire in Washington to protect affordability and access to credit—especially while rates remain elevated and housing inventory tight.
Future Careers May Be Out of This World
Read the Full Story → Yahoo News
Yahoo’s latest article takes a creative look at where the job market might be headed—and it’s not just toward remote work, but possibly off-planet. From Elon Musk to Jeff Bezos, tech leaders are pushing the boundaries of space exploration, and some experts believe Gen Z could end up working among the stars.
While it sounds futuristic, the underlying message is that the job market is evolving rapidly, with new technologies and industries creating opportunities we couldn’t imagine a decade ago. Space may be the hook, but the point is broader: innovation drives economic expansion.
For the housing world, that means staying tuned in. As industries shift and remote capabilities expand, housing demand will follow—sometimes into unexpected places. Keeping up with the future of work is key to understanding the future of where people will want to live.
Loan Officer Perspective
This week’s news is a great reminder that we’re still in a dynamic market—but one full of opportunity. Possible tariff relief could improve builder margins and lead to more affordable new construction. Continued GSE stability means lending guidelines likely won’t tighten anytime soon. And job market normalization supports borrower confidence. Now’s the time to reach out to clients with education on affordability programs and rate strategies.
Real Estate Agent Perspective
For agents, there’s strong messaging here: affordability solutions are being actively discussed, and housing is top-of-mind for policymakers. The potential for increased inventory and stable financing means more chances to match buyers with homes. As the job market holds steady, buyers will feel more confident—and sellers will feel more motivated. Position yourself as the expert who connects the dots.
Home Buyer & Seller Perspective
If you’re thinking about buying or selling, this week’s news should encourage you. Leaders are taking action to lower costs and protect mortgage access. The job market is holding firm, which supports home values and buyer eligibility. Want to explore your options or get clarity on what’s next? Contact the real estate or mortgage pro who shared this post—they’re here to help you move forward.
Frank’s Thoughts
Man, I loved seeing the Trump housing story. Whether or not you agree with his politics, the idea of cutting tariffs, fast-tracking zoning reforms, and even declaring a housing emergency shows real intention. That’s encouraging.
I also like the tone coming out of the job market reports. Things are cooling, but not crashing. That gives our clients the confidence to act—and gives us pros a chance to lead with clarity.
Also, I’m sharing a video from Tristan Ahumada, a guy I really respect. His updates are always insightful and worth listening to.
He covers a few other key headlines this week that tie in nicely with everything here. Give it a watch—he’s one of the best at breaking this stuff down in a way that makes sense.
Quote of the Day:
“People who think they know everything are a great annoyance to those of us who do.”
~ Isaac Asimov
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