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

5029 N 83rd Street Scottsdale, AZ 85250

$508,900

2 Beds

2 Baths

1,896 SqFt

Status Active

MLS # 6684424

Property Type Townhouse

Price Type --

Fully upgraded beauty in heart of Scottsdale. Minutes from Fashion Square Mall is sitting this gorgeous oversized townhouse with 2 bedrooms, 2 baths. Remodeled designer home to be yours now.

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15685 W Mackenzie Drive Goodyear, AZ 85395

$508,000

4 Beds

2.5 Baths

2,654 SqFt

Status Active

MLS # 6692050

Property Type Single Family Residence

Price Type --

A PICTURE IS WORTH A THOUSAND WORDS

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12238 W Candelaria Court Sun City, AZ 85373

Open House

$508,000

3 Beds

2 Baths

1,995 SqFt

Status Active

MLS # 6699037

Property Type Single Family Residence

Price Type --

Look at this NON age restricted DREAM home situated on a NICE cul-de-sac lot with North/South exposure. This CHARMING home built in 2020 boasts 1995 SF. w/ a GREAT ROOM, 3 SPACIOUS bedrooms, a versatile FLEX ROOM, & 2 Baths. The Kitchen has plenty of storage w/ a LARGE Quartz Island and plenty of seating ideal for Entertaining Family & Friends. The SPACIOUS Primary Bedroom has a Beautiful TILED Shower & LARGE Walk-in closet. Step outside to the FULLY Landscaped backyard and Covered patio. There's plenty of room in the Tandem 3-car garage. This Home is conveniently situated next to a LUSH common area greenbelt, offering a BBQ Grill & Picnic table seating. WONDERFUL location in the Peoria School District with EASY access to the 303, Shopping, Restaurants, and SO MUCH MORE! Welcome Home!

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5075 N Granite Reef Road Scottsdale, AZ 85250

Open House

$508,000

3 Beds

2.5 Baths

1,608 SqFt

Status Active

MLS # 6686944

Property Type Townhouse

Price Type --

Perfect Primary Home or Lock and Leave! - Very Few 3-Bedroom options available for sale in Scottsdale at this price point! Light and Bright Scottsdale Townhome - 3 Bedrooms/2.5 Bathrooms - Amazing Interior Location away from the street and across from Community Pool - Move-In-Ready - Centrally located in Scottsdale Less than 5 Miles from Sport Fields, Shopping, Parks, and Entertainment including Old Town Scottsdale - New Wood-Look Tile Flooring in Downstairs Common Areas in 2023 - Updated Primary Bathroom in 2022 - New AC Unit in 2022 - New Roof in 2023 - Large Patio Perfect for Entertaining - Two Assigned Parking spaces - Assigned Storage Unit - Welcome Home!

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21387 N Elba Road Maricopa, AZ 85138

$507,995

3 Beds

2.5 Baths

2,500 SqFt

Status Active

MLS # 6693439

Property Type Single Family Residence

Price Type --

The ranch-style Cassandra plan showcases an open layout with a great room, a breakfast nook and a large gourmet kitchen. The owner's suite is adjacent, and boasts a generous walk-in closet and an attached bath with a large walk-in shower. Two additional bedrooms flank a full bath, and the nearby private study and powder room finish off the interior.

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35079 N Lead Way San Tan Valley, AZ 85144

$507,995

3 Beds

2.5 Baths

2,331 SqFt

Status Active

MLS # 6686636

Property Type Single Family Residence

Price Type --

Check out this stunning move-in ready home! The enormous kitchen boasts name-brand appliances, upgraded countertops, and ample cabinet space. The second-story loft offers an open space ideal for families. A private flex space extends the possibilities of this home, creating plenty of space for personalization. Pristine walking and biking trails showcase everything this community has to offer.

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7775 N 57th Avenue Glendale, AZ 85301

$507,990

5 Beds

3 Baths

2,354 SqFt

Status Active

MLS # 6680214

Property Type Single Family Residence

Price Type --

What a great opportunity, this 5 bedroom, 3 bathrooms, 2 car garage home is located in a quite cul-de-sac just across from children playground, park & walking distance to shopping area. The home features an open and bright living room with a bedroom and full bathroom down stairs, 20'' ceramic tile through the first floor, eat-in kitchen with granite countertops, breakfast bar, pantry. Wood flooring stairs leads to a huge loft, the other 3 bedrooms & main room with a full bathroom double sinks, walk-in closet. Easy to maintain backyard with Synthetic grass, sitting area, Arizona room & storage shed. Don't miss this one!!!!!

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18458 W Villa Hermosa Lane Surprise, AZ 85387

$507,367

5 Beds

4 Baths

3,045 SqFt

Status Active

MLS # 6649790

Property Type Single Family Residence

Price Type --

Below Market Interest Rate Available! New Build Home. 5 Bedrooms, 4 Baths, LOFT, 3 Car Garage with 8ft Garage Door. VERY Open Floor Plan. SUPER GREAT ROOM. Kitchen Island with Beautiful Back splash, walk in Pantry. Primary Bath has Garden Tub and walk-in shower. Tile throughout, carpet in bedrooms only. Patio on back of home. This home is located in North Copper Canyon that offers a community pool and many other amenities. High Performance Home with smart technology, makes it so you can truly live in your element!!

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207 S Beaver Street Flagstaff, AZ 86001

$506,850

1 Bed

1 Bath

810 SqFt

Status Active

MLS # 6632517

Property Type Apartment

Price Type --

OWN FLAGSTAFF - DO NOT MISS THIS OPPORTUNITY! This 1-Bedroom Condo has a covered patio's, and is Move-in-ready! This 5-story community was tastefully designed to accentuate the views off each deck of the 32 luxury units! Living the high life at 7000' feet is a breeze at The Views at Butler, just a step from Northern Arizona University & the nightlife in downtown. Watch the sunset reflect off the San Francisco Peaks while BBQ'ing on the oversized Roof-Top View Deck & lounge area. Convenience & ease are built into the community w key fob elevator, a trash shoot on every level & standard A/C. Beyond the aesthetic & downtown life vibe! Location, Convenience, Views & Community. It's the perfect home for you!

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7407 W Gardinia Avenue Glendale, AZ 85303

$506,696

4 Beds

2.5 Baths

2,465 SqFt

Status Active

MLS # 6695968

Property Type Single Family Residence

Price Type --

Under Construction new build home with a July/August 2024 move-in! Amazing single family 4-bedroom 2.5-bathroom 2 car garage home on a N/S exposure corner homesite within the desirable Alto gated community!!! This Tenor floor plan features quartz kitchen countertops, modern white full overlay cabinets, contemporary imperfect smooth walls, and stainless kitchen appliances plus much more! Plan your visit today! ^^Up to 4% of Base Price can be applied towards closing cost and/or short-long term interest rate buydowns when choosing our preferred Lender. Additional eligibility and limited time restrictions apply. ***Prices subject to change, photos may be of a model home or virtually staged, actual home will vary.

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172 W Galveston Street Chandler, AZ 85225

Open House

$506,000

4 Beds

3 Baths

1,703 SqFt

Status Active

MLS # 6679182

Property Type Single Family Residence

Price Type --

Welcome home to this charming property with a center island in the kitchen, perfect for preparing meals and entertaining. The nice backsplash in the kitchen adds a modern touch to the space. Other rooms provide flexible living space to suit your needs. The primary bathroom features double sinks and good under-sink storage. Step outside to the fenced backyard with a covered sitting area, ideal for enjoying the outdoors in comfort. Don't miss out on this wonderful opportunity to make this house your home!

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15926 W Bronco Trail Surprise, AZ 85387

Open House

$505,990

4 Beds

3 Baths

2,434 SqFt

Status Active

MLS # 6703963

Property Type Single Family Residence

Price Type --

This is an amazing home, this quick move-in Pearl floor plan is indeed one of our best-selling homes, it boasts a stunning design with upgraded kitchen cabinets, quartz countertops and a stylish backsplash, the master bathroom includes a spacious shower, the home is equipped with Smart Home Technology, and is also Energy Star Certified, ensuring energy efficiency, the oversized sliding glass door provides abundant natural light and easy access to the outdoors, the upgraded electrical package and recessed can lighting enhance the overall ambiance of the home, window coverings are included for privacy and aesthetics, and of course the home comes with a garage door opener for convenience and security, it's a perfect combination of style, functionality and modern features, come and see!

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