Trump vs. Harris on Housing
Manage episode 439621328 series 3460347
Welcome back dreammakers! In this episode of "Today in Mortgages," we talk about the big presidential debate that went down this week and what it means for housing policy. Time Magazine's analyzes the candidates policy in today's article: "Here's what Harris and Trump has proposed to help the housing crisis." Crisis is a strong word and we agree, we are short at least 2 million homes and medium home prices are up to $415,000. The article shocks with the statistic that over 77% American households cannot afford home prices.
Harris has discussed tax-incentives for first-time buyers and building three million homes by easing regulations. Trump has discussed opening up federal lands to build housing communities, and make it less expensive for builders to build homes. This is only the first debate, but we have a general idea of the candidates plans to help housing. Remember, regardless of who wins the election, the Fed has said rates are coming down, which is great news! Listen in to learn about this and more.
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Stay tuned for our next episode, where we'll continue to keep you informed on the latest in mortgage and real estate news. If you enjoyed this episode, please leave us a review and share it with your friends and colleagues.
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation.
Visit our website at nflp.com/licenses for all state licensing and other legal information.
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.
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