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

There 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.

What’s Your Home Worth?

Search for Your New Home

Listing types.

For Sale

For Rent

Land

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Distressed

Open House

Location Search Nearby

BedsAny1+2+3+4+5+6+

BathsAny1+2+3+4+5+6+

Price MinAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Price MaxAny$500$600$700$800$900$1,000$1,100$1,200$1,300$1,500$1,600$1,700$1,800$1,900$2,000$2,250$2,500$2,750$3,000$3,250$3,500$3,750$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Advanced Options

Property TypeAnyApartmentManufactured HomeSingle Family ResidenceTownhouseTwin Home

School District

Address, MLS# or Keyword

Home SizeAny600 ft2800 ft21,000 ft21,200 ft21,400 ft21,600 ft21,800 ft22,000 ft22,200 ft22,400 ft22,600 ft22,800 ft23,000 ft23,500 ft24,000 ft24,500 ft25,000 ft25,500 ft26,000 ft2

YearAny2024+2023+2022+2021+2020+2019+2018+2017+2016+2015+2014+2013+2012+2011+2010+2009+2008+2007+2006+2005+2004+2003+2002+2001+2000+1999+1998+1997+1996+1995+1994+1993+1992+1991+1990+1980+1970+1960+1950+1940+1930+

Location Search Nearby

Lot SizeAny1+ Acres2+ Acres3+ Acres4+ Acres5+ Acres6+ Acres7+ Acres8+ Acres9+ Acres10+ Acres20+ Acres30+ Acres40+ Acres50+ Acres

Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Advanced Options

Neighborhood

Address, MLS# or Keyword

View As: Thumbnails List

Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

13651 N 79th Lane Peoria, AZ 85381

Open House

$465,000

4 Beds

2 Baths

1,821 SqFt

Status Active

MLS # 6693268

Property Type Single Family Residence

Price Type --

Welcome home, nestled in the vibrant community of Peoria, AZ. This residence offers a blend of sophistication and comfort. As you step inside, you are greeted by a seamless open concept design, adorned with pristine tile flooring that flows effortlessly throughout the home and vaulted ceilings. The spacious living areas provide the perfect setting for both relaxation and entertainment, while the kitchen beckons with its sleek appliances, and solid surface countertops. Outside, a private oasis awaits, featuring a sparkling pool enveloped by a full covered patio and surrounded by stylish pavers. Ideally situated in a prime location, this home offers easy access to a plethora of amenities.

View Property

19514 N 84th Avenue Peoria, AZ 85382

Open House

$465,000

2 Beds

2 Baths

1,448 SqFt

Status Active

MLS # 6694726

Property Type Townhouse

Price Type --

This UPDDATED, end-unit Casita is a stunning ST THOMAS floorplan packed with desirable features. Both bathrooms remodeled - raised vanities, Granite counters, updated showers. Plank tile flooring throughout, complemented by custom floating shelves and built-ins in the great room with slate accents. Recessed lighting adds ambiance, and check out the unique, custom bookshelf with hidden storage! The primary bathroom has been reconfigured to enlarge the shower. Kitchen enhancements include Stainless Steel appliances, Quartz counters & windowsills, gray cabinets and under-cabinet lighting. Utility area with built-ins and Quartz counters provide a nice workspace. Windows and sliders have been replaced with Vinyl. Guest room is enhanced by a stunning slate wall and built-in custom cabinetry. You'll love the versatility offered by mechanical interior shades in the Great Room, mechanical shades for all 3 sides of the patio, and roller shades for the rear of the home. Covered area is expanded by the addition of a pergola with adjustable slats. With a new air conditioner in 2020 and a roof covered by the HOA, this home offers peace of mind and efficiency. Additional upgrades such as a new garage door and opener further enhance its appeal. Plus, the option to purchase most furniture outside of escrow provides an opportunity for seamless move-in and personalized touches. Come and enjoy the Active Adult lifestyle of Westbrook Village!

View Property

14548 W Poinsettia Drive Surprise, AZ 85379

Open House

$465,000

3 Beds

2.5 Baths

2,291 SqFt

Status Active

MLS # 6677396

Property Type Single Family Residence

Price Type --

This designer home in the gated Copper Canyon community has no neighbors behind, offering park views. It features a gourmet kitchen with granite countertops, stainless appliances, and a large island that opens to a family room with a gas fireplace and screened-in patio. The home includes three bedrooms; the master suite has wood laminate flooring, a custom closet, and a luxurious bath. Additional amenities include a laundry room, office space, and a two-car garage with storage. Conveniently located near shopping and highways, this home combines comfort with convenience. Discover this charming home overlooking a community park, with a low-maintenance yard and two-car garage. Inside, enjoy a functional layout with three bedrooms, 2.5 bathrooms, a well-equipped kitchen, and a screened patio. perfect for Arizona's climate. The backyard features a paved seating area and view fence, ideal for relaxation and entertainment.

View Property

40243 W Michaels Drive Maricopa, AZ 85138

$464,995

4 Beds

3 Baths

2,220 SqFt

Status Active

MLS # 6630712

Property Type Single Family Residence

Price Type --

Explore this impressive Raleigh home. Included features: an inviting covered entry; a guest suite with a bathroom in lieu of a study; an open dining area; a gourmet kitchen offering a double oven, quartz countertops, tile backsplash, stainless-steel appliances, a center island and a walk-in pantry; a spacious great room boasting center-meet doors leading onto a relaxing covered patio; a convenient laundry; a lavish primary suite showcasing a generous walk-in closet and a deluxe bath with double sinks; a teen room in lieu of a bedroom; a storage area; a mudroom and a 2-car garage. This home also offers ceramic tile flooring in select rooms.

View Property