Now that President-elect Donald Trump has secured four more years in the White House, there are questions about how the housing market could be impacted.When it comes to the housing market, home buyers have been complaining for years about rising prices and high interest rates that effectively make it impossible for many everyday Americans to purchase their first home.
'Falling mortgage rates would unlock homeowners who currently find moving untenable because their existing mortgage rate is so much lower than the market rate and also improve prospects for buyers by amplifying the buying power of their existing budgets,' Hale said.'However, taken as a whole, the various Trump policies could have the impact of raising inflation, particularly impacts stemming from proposed tariffs and reductions in immigration.
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