Lawrence Yun, chief economist at the National Association of Realtors, estimated that with rates under 6%, roughly 5.5 million more households qualify for a mortgage than a year ago. He expects a share of them to actually enter the market this year.
Many owners sitting on 3% to 4% mortgage rates still hesitate to trade up, but the gap between their existing rate and today’s has narrowed enough that life events like family changes and relocations are starting to push more listings onto the market, according to Realtor.
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A spokesperson for Aston Martin said US tariffs had been "extremely disruptive" and demand had also been "extremely subdued" in China, the world's biggest auto market.