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.

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

15238 W Post Drive Surprise, AZ 85374

$524,500

4 Beds

2.5 Baths

3,169 SqFt

Status Active

MLS # 6668490

Property Type Single Family Residence

Price Type --

PRICE REDUCED FOR IMMEDIATE SALE! Pride of ownership is shown in this stunning turn-key residence located in Surprise Orchards! Prepare to be impressed by a perfectly flowing layout showcasing gorgeous wood-look flooring, warm neutral palette throughout, and a formal dining area or separate living room. The kitchen has plenty of natural wood cabinets accentuated by crown moulding, built-in appliances, track lighting, and a convenient center island which opens to the family room. The MAIN FLOOR PRIMARY BEDROOM offers an ensuite bath complete with dual sinks and a walk-in closet. Upstairs you'll find a Super Bonus room AND a separate LOFT both easily converted to 4th & 5th bedroom! Host memorable gatherings in the wonderful backyard, featuring a full-length covered patio, a garden area and a SWIMMING POOL.

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1739 Baltic Avenue Prescott, AZ 86301

$524,425

3 Beds

2.5 Baths

1,692 SqFt

Status Active

MLS # 6685648

Property Type Single Family Residence

Price Type --

Lovely custom Santa Fe style home with great mountain views! Located close to downtown, lakes, hospital, schools, more! This 3 bedroom, 2.5 bath home was built in 2001 on over a quarter acre. This 1693 sf home features a charming gated courtyard entry, two master suites, wood beam ceilings, Pella windows, warm wood flooring, and granite throughout. The kitchen includes a breakfast bar, gas range, pantry, custom lighting and much more. There are two master suites-great for guests! All bathrooms are nicely upgraded with granite tops. The large outdoor deck overlooks amazing mountain views. Easy care landscaping in front and back; 2 car garage with workshop area. This home is in a great location that is close to almost everything!

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10873 W Carlota Lane Sun City, AZ 85373

Open House

$524,400

3 Beds

2 Baths

2,431 SqFt

Status Active

MLS # 6684007

Property Type Single Family Residence

Price Type --

LOCATED IN PEORIA - NOT AGE RESTRICTED - NO HOA & A POOL! You'll love this remarkable 3-bedroom property with no HOA! Located in Peoria with a Sun City address, this home offers a convenient and desirable location. As you approach the property, you'll be greeted by a charming front yard with colorful vegetation and palm trees. The 2 car garage & RV Gate provide ample parking and storage options. Inside you'll discover spacious living areas with wood-style flooring, tall ceilings, plantation shutters, and accented walls.. creating a warm & inviting atmosphere. The gourmet Kitchen is equipped with granite counters, pantry, an island with a breakfast bar, a breakfast nook and rich wood cabinetry with crown molding. This home also offers a flexible den, ideal for a study room, office or can easily be converted to an extra bedroom! Another spacious Flex room right off the kitchen... ideal for a game room, office or gym - many possibilities! The Main Retreat features plush carpeting, backyard access, and a private bathroom with dual sinks, a seat-in shower, and a walk-in closet, providing a relaxing and convenient space to unwind. The backyard is perfect for outdoor entertaining and relaxation. It features a covered patio, a built-in BBQ, a storage shed, RV parking, and a refreshing pebble sheen pool with a built-in slide, creating a resort-like oasis in your own backyard. Don't miss the opportunity to make this remarkable property your own! Visit today! Additional Updates in the Document tab

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5648 W Chuck Box Road Laveen, AZ 85339

$524,010

4 Beds

3 Baths

2,373 SqFt

Status Active

MLS # 6702573

Property Type Single Family Residence

Price Type --

Up to 3% of total purchase price towards closing costs incentive offer. Additional eligibility and limited time restrictions apply. MLS#6702573 June Completion! The Erikson floor plan within the Tierra Montana Discovery Collection epitomizes the essence of open concept living. The first floor serves as the focal point of the residence, featuring a generous gathering room, casual dining space, and an open kitchen. The designer kitchen boasts a large island and a convenient step-in pantry, adding functionality and style. At the front of the home, a downstairs guest bed offers a welcoming sanctuary for overnight visitors. The owner's suite is upstairs with a private bath and a spacious walk-in closet. Completing this home is a loft, two additional beds, a full bath, and laundry room. Structural options include: extended covered patio. Design upgrades include: quartz kitchen countertops, gourmet kitchen with gas cooktop, upgraded stair rail and upgraded flooring throughout.

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26168 W Tina Lane Buckeye, AZ 85396

$524,000

2 Beds

2 Baths

2,323 SqFt

Status Active

MLS # 6668177

Property Type Single Family Residence

Price Type --

This STUNNING 2 Bed plus DEN, 3 CAR GARAGE (plethora of garage Cabinets) *PAID OFF SOLAR* home with a private courtyard, offers a perfect blend of modern living and timeless charm. Nestled in the desirable neighborhood of Sun City Festival with a N/S position. This Popular Fiesta floor plan offers an open-concept layout with 10ft ceilings, plantation shutters and creates an inviting atmosphere for both entertaining and everyday living. Tile flooring for easy care. The heart of the home is a spacious gourmet kitchen with beautiful Granite countertops/backsplash and sizeable island. The elegant wood cabinetry with crown molding elevates the space! The Gas cooktop stove is a Chef's delight! A large pantry for extra storage! Sit in the Breakfast nook area and enjoy the morning sunshine! The generously sized Master retreat features double door entry, plush carpeting, two tone paint and sliding glass doors that lead to a tranquil backyard! Embrace a morning coffee on the back patio surrounded by a peaceful ambiance that enhances every moment. No need to be concerned about electric bills, home has Solar and its *Paid Off*!! Surround sound is included for your entertainment needs. This home has been meticulously maintained! Check out this gem before its gone!

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40829 W Robbins Drive Maricopa, AZ 85138

$524,000

5 Beds

3 Baths

3,047 SqFt

Status Active

MLS # 6696775

Property Type Single Family Residence

Price Type --

1st floor bedroom with full bathroom! NEWLY REMODELED KITCHEN w/ upgraded 42'' & extra deep cabinets w/ soft close & pull-out shelves, new RO, granite, SS appliances, new Luxury Vinyl Plank flooring, new paint downstairs, new toilets in all bathrooms, new 50-gallon water heater, new water softener, new garage cabinets & hanging racks in oversized 3-car garage. 2 new 4-ton 15.2 SEER2 AC Units w/ 10-year service agreement & 5-year extended labor warranty is transferrable to new owner. The backyard is the perfect spot to relax & entertain w/ extended patio, pergola & PebbleSheen Play Pool (chlorine) w/ multi-colored LED Light - perfect for an event! With 5 bedrooms, 3 bathrooms & a loft, this home is well-equipped to accommodate living & entertaining guests. Come see this amazing house today!

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30029 N 120th Lane Peoria, AZ 85383

$524,000

4 Beds

3 Baths

2,537 SqFt

Status Active

MLS # 6651707

Property Type Single Family Residence

Price Type --

MASSIVE PRICE REDUCTION - LOWEST COST/SQ. FT. IN THE COMMUNITY! BUY THIS HOME TODAY! Nestled in the stunning Sonoran Desert, our vibrant multi-generational community encourages an active lifestyle with top-notch amenities and engaging programs. This impeccable 4-bed, 3-bath home boasts updated wood floors, neutral tones, and a sunlit ambiance. The spacious kitchen features stainless steel appliances and a loft adds extra space. The backyard is a lush oasis with meticulous landscaping, a pool, and a captivating rock waterfall—an ideal retreat for relaxation and social gatherings. Close to schools, shopping, and Lake Pleasant, this home offers an authentic living experience, harmonizing with the desert's beauty and fostering a strong sense of community.

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40887 W Chambers Drive Maricopa, AZ 85138

$524,000

5 Beds

3 Baths

3,295 SqFt

Status Active

MLS # 6674847

Property Type Single Family Residence

Price Type --

Welcome home! This spacious home features 5 bedrooms, 3 bathrooms and a generously sized loft. The kitchen boasts granite countertops, stainless steel appliances, a butler's pantry and opens to the living room. The formal dining room provides elegant space for hosting large meals and special occasions. There is a bedroom and full bathroom downstairs. Upstairs you'll find a sizable primary bedroom with a large bathroom, and an amazing walk-in closet. The three remaining guest bedrooms are also upstairs, one of which has a walk-in closet. The RV gate is on the east side of the home. Indulge in your own private pool during the hot summer months. Located in a serene lake and golf course community, this residence offers ample space and luxury amenities for comfortable living and entertaining.

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1855 W Dion Drive Anthem, AZ 85086

$524,000

2 Beds

2 Baths

1,830 SqFt

Status Active

MLS # 6696695

Property Type Single Family Residence

Price Type --

Popular Durango model home in sought after Anthem Country Club. Home boasts open split bedroom floor plan with the largest bedroom having direct access to the back yard and patio. 2 bedrooms plus a 3rd room that can be used as den/bedroom. The front of the home has a charming courtyard entry with a fountain. Home improvements include updated kitchen and bathrooms with quartz countertops and GE Slate appliances in the kitchen. Additionally, the HVAC was replaced in 2020 and the interior and exterior of the home has been recently painted. Improvements also include LVP flooring throughout the main living area, Shade Store blinds on the patio doors, newer bedroom carpet, and epoxied garage floors. All rooms have updated ceiling fans, four inch baseboard, and new door and cabinet hardware. The outdoor lighting and irrigation piping have been replaced and the home has an H2o Concepts whole-house water filtration system. Resort style living at its best!

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1161 N Nebraska Street Chandler, AZ 85225

Open House

$524,000

3 Beds

2.5 Baths

1,900 SqFt

Status Active

MLS # 6693876

Property Type Single Family Residence

Price Type --

Looking for a place to entertain your friends and family? This 1900sqft home is equipped with a 2car garage plus a separate 850sqft 4 car garage w/ Insulation, AC, heating, plumbing, 240V RV outlet plus 2-220V outlets and a bathroom! Spacious quarter acre lot provides plenty of room for gatherings w/ Alleyway Access. Step inside you'll find a Newly upgraded kitchen with a $5k Italia Bertazzoni Gas Range a $4k stainless steel Hood!! New granite counters, new windows, Primary shower custom tile with a Jacuzzi Tub, roof 4 years old. Professional dart board, pool table and 7k speaker system. Hot tub in back yard with Tree House! Come see today!

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3931 E Vaughn Avenue Gilbert, AZ 85234

Open House

$524,000

3 Beds

2 Baths

1,528 SqFt

Status Active

MLS # 6662208

Property Type Single Family Residence

Price Type --

Welcome to this charming property, where a natural color palette creates a soothing ambiance throughout. The kitchen boasts a nice backsplash, adding a touch of elegance to the heart of the home. With other rooms available for flexible living space, you'll have plenty of options to customize the layout to suit your needs. The primary bathroom offers a separate tub and shower, perfect for unwinding after a long day. Double sinks and good under sink storage make this space both practical and stylish. Step outside to a fenced-in backyard, complete with a private in-ground pool for endless aquatic enjoyment. An inviting covered sitting area provides ideal spot for relaxation. Additionally, fresh interior paint and partial flooring replacement in some areas ensure a well-maintained atmosphere.

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3955 E Wethersfield Road Phoenix, AZ 85032

Open House

$524,000

3 Beds

2 Baths

1,684 SqFt

Status Active

MLS # 6688659

Property Type Single Family Residence

Price Type --

Nostalgic beauty with a beautifully updated interior offers the perfect mix of traditional comfort & modern functionality! Discover a corner lot with a low-maintenance front yard, a 2-car garage, and an extended driveway. Be captivated by the immaculate open floor comprised of trendy wood-look flooring & recessed lighting. The kitchen showcases white shaker cabinetry, tile backsplash, SS appliances, and quartz counters. The large family room has sliding glass doors to the backyard. The primary bedroom has exterior access, a walk-in closet, and a pristine bathroom with a floor-to-ceiling tiled shower. Plush carpet, dual pane windows, and upgraded ceiling fans are features that cannot be left unsaid. The huge backyard allows endless potential for your own desert oasis. Hurry to see!

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