Cachet Real Estate Finance, LLC

  • Home
  • About Us
    • Cachet’s Mission
    • Cachet’s Network
    • Accessibility Statement
  • Custom Home Loans
    • New Construction
    • Raw-Land Aquisition
  • Resources
    • Pre-Owned Home Loans
    • First Time Home Seller Tips
    • First Time Home Buyer Tips
  • Blog
  • Contact Us

How Will Having a New President Impact Your Mortgage? Let’s Take a Look

January 27, 2017 by Cachet Real Estate Finance

How Will Having a New President Impact Your Mortgage? Let's Take a LookThere is always uncertainty in the market in an election year, but many people are wondering exactly what kind of impact Donald Trump’s election will have on their mortgage and the real estate options available. Whether you are still paying off your home or have been shopping around for the right one, here are some possibilities for the real estate market following the results of the 2016 election.

An Increase In Luxury Properties

With the release of Donald Trump’s tax plan which provides the most sizeable tax cuts to the wealthy, it could be the case that there will be an increase in the demand for high-end properties which may lead to less availability and a higher price point. As this kind of demand could also work to bump up the median price of real estate in urban areas, it could have an adverse impact on low-income earners who may see themselves priced out of a more expensive market.

Rising Mortgage Rates

Most people that have been perusing the market recently have heard about the low interest rates that make purchasing a home a good financial decision. However, following the uncertainty of the election, interest rates are on the rise. While the sense of instability may persist until potential homebuyers know more, this boost in the rates since the election may mean that many buyers will decide to hold off until the new year.

A Loosening Of Regulations

The concept of the cost involved in regulation was something that Donald Trump brought up many times on the campaign trail, and this could be a sign that he is ready to make adjustments when it comes to housing regulations. While there may be little he can do at the local level, if regulation changes take hold, this could mean more loan opportunities for those with a poor credit history who may not have been a shoe-in for a mortgage previously.

With the fluctuations of the market dependent upon a variety of factors, it’s hard to say what will occur in the mortgage market in the next few months and years. However, with mortgage rates on the rise and the potential change in regulations, it could continue to fluctuate until there is more certainty on the horizon. 

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Interest Rates, Mortgage

Safe & Secure Application

Any Questions?

  • This field is for validation purposes and should be left unchanged.

Connect with Us!

Our Recent Articles

  • What’s Ahead For Mortgage Rates This Week – May 16, 2022
  • Getting to Know the Neighbors: 3 Tips for Building Good Relationships
  • Manufactured, Mobile, And Modular Homes: What Are The Differences
  • Offering Asking Price: Is This Offer Competitive In The Current Market?

Privacy & License Information

  • Privacy Policy
  • License
  • HUD Booklets
Cachet Real Estate Finance, LLC
1526 McKinley Ave
San Antonio, TX 78210
NMLS #391557 | Equal Housing Lender

Copyright © 2022 · Powered by MySMARTblog