This time period between the Presidential election on November 8 and Inauguration Day on January 20 is always one full of uncertainty. However, this post-election has brought a higher level of uncertainty and anxiety. After an election fraught with promises of deportation, sweeping changes to our regulatory climate, and (at least for now) a view that interest rates will rise faster than previously forecast, many Americans are unsure of what the New Year will bring. While we cannot be certain what a Trump Presidency will look like for the housing market we, as experts, can begin articulating possible scenarios in hopes of calming the collective fear currently being displayed across the nation. Like many of you, I have spent the last week playing out scenarios with various answers to the question “How will a Trump Presidency affect:
…the CFPB?”
…Dodd-Frank?”
…interest Rates?”
…housing Prices?”
…the Real Estate Industry as a whole?”
This past week, while watching mortgage rates creep up, I have read some well-thought out analyses on these topics. Following are articles to help you better understand the issues experts are grappling with:
What’s next now that Republicans control the Presidency and Congress?
http://www.housingwire.com/blogs/1-rewired/post/38490-whats-next-now-that-republicans-control-the-presidency-and-congress
CFPB’s Precarious Future Under Trump
Trump Victory Could Prompt Fed to Raise Rates More Quickly
http://www.nytimes.com/2016/11/10/business/economy/trump-federal-reserve-interest-rates.html?_r=1
What Donald Trump’s Election Could Mean for Home Prices
Trump Unveils Plan to Dismantle Dodd-Frank Act