Will A Trump Administration Cause Rates to Rise?

Since November’s election,  there have been many questions surrounding Trump policies and how they will affect Americans. One of the most common questions has been: “How will  the housing market be affected?”

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Speculation & debate have surrounded the basic question of “Will A Trump Administration inflate interest rates?”

The Washington Post states that concerns come from “Trump’s lack of housing policy proposals.” While Fox highlights that “The other side of the argument is that the mortgage interest deduction helps homeowners by lowering the cost of their interest on an after-tax basis. This deduction usually benefits first-time home buyers the most.” Despite the uncertainty & various opinions, there are a few facts to keep in mind when it comes to the Trump effect.

The Federal Reserve is a huge factor where mortgage rates lie, along with the inflation of the economy. The President alone cannot solely change the housing market, however, his policies can shape the direction in which the market leans. No one person can set the mortgage rates.

Donald’s policies on issues such as deportation & the Housing Department will set the tone for the direction in which the housing market proceeds. We could see an increase of costs for building a home if Trump sticks to his strict stance on deporting undocumented immigrants. The construction industry relies heavily on undocumented immigrants to reduce building costs through affordable labor. By having to pay more in labor costs, construction companies will have to offset the costs by charging the client (you) more.

We do not know the policies of Dr. Ben Carson, but what we do know is that his appointment as HUD Secretary could affect your monthly mortgage payment. As Secretary, Carson has the power to raise or lower FHA mortgage insurance premiums, which could increase or reduce your overall payment.

All we can do is wait and see what the future holds for us. However, there are a few outcomes that we can expect. Deduction of taxes through a freer market, home purchase costs to fluctuate, and increased mortgage interest rates.

In result, it’s challenging to predict exactly how Trump will affect the housing market, but you can prepare yourself by finding out what your options are for your mortgage.  Don’t start panicking just yet; it’s not too late to save yourself some money on your mortgage. With all indications pointing towards climbing interest rates, now is the time to act.

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Festive Fall Finds

Fall: The air becomes crisp, the leaves change colors and the days become shorter. As the seasons shift from hot & humid to chilly, doesn’t that make it the perfect time to transform your home decor to comfy & cozy?

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With so many options out there we took the liberty of tracking down some of our fall favorites for you to peruse.

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Craft your coffee table for fall with this easy DIY that you can put your own unique spin on.

Coffee Table Crafting

 In trance guests from your entryway to exit by giving your front porch its seasonal face lift. With a porch this inviting you have an excuse to heat up an extra cup of coffee, sit back and soak in the season amidst your cozy seating.

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For more inspiration check out these fabulous front porches.

Fall Front Porches

Sit back, relax & cozy up to the shift of seasons in your festive fall home.

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Spice Up Your Summer

Summer, easily the most relaxing & effortless season. A season full of sun, fun, family, travel & friends.

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Need a reason to celebrate this season? Fire up the grille, we’re about to take your BBQ from standard to SIZZLING!

To plan a party Martha Stewart would envy, we need to start by creating the perfect ambiance for your guests.

Start with simple lighting fixes to turn your backyard into an artsy outdoor seating area similar to your local summer restaurant.

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Light Up Your Life

Kicking off with kabobs we found a summer treat to satisfy any sweet tooth!

Strawberry-Brownie kabobs are easier than 1,2,3 & can be even eaten without any cooking.

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Take your grilling from drab to fab with this recipe for Spicy Pineapple Chicken Kabobs to add that extra flavor to your BBQ in a way that will leave all your guests raving for weeks.

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Ready?

Set?

Grille!

What are you going to do to beef up your backyard for your next BBQ?

Whatever you do, embrace your summer of sun & fun!

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Hop Into Home Buying

Home Buying can be overwhelming & a bit intimidating, but we’re here to hold your hand every step of the way.

First Time Home Buyers

Is anyone else as obsessed with lists & “how to’s” as I am? If so… get your pens ready! The home buying process can be so daunting that you may not know where to begin… That’s where we come in.

Location, Location, Location.

Consider: commute, school district, crime rates & community

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Price

Know what you can afford.

Remember, mortgage payments, interest, HOA fees, PMI & property taxes. Compare your loan options and Call our purchase specialist, Chris to see whether a Conventional, FHA or Veteran loan would be the best fit for you. It’s good to know what you can afford before falling in love with a home out of your price range.

Realtor

They need a good & respectful understanding of what you are looking for & what you can afford instead of trying to oversell your budget.

Financing

After you have an idea of pricing and what type of loan option suits you, you’ll have a better idea of what type of down payment you’ll need to save for. Remember to ask if you qualify for NO closing costs & NO PMI options.

What you Need, What you Want & What Can Be Changed

Pay attention to the structural layout of the home & make sure it’s what you want because changing structural elements can be a whole new cost in itself. No house is perfect, but what is important is determining what can be changes & made perfect and what can’t be.

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Now that we’ve gone through our checklist, let’s get you financed.

Our Purchase Division is available to help you discover your financing options, to walk you through this process from start to finish & to make this as easy as possible for you & your family.

Chat with Chris today to get into your dream home.

(858)752-6480 or Click Below to get started today.

GET FINANCED

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Unplug from the World

Ah, 1998 when the world revolved around human interaction.

A world where WiFi & the iPhone didn’t exist. A time when you’d go to lunch with someone & you wouldn’t fall victim to watching them text 85% of the time.

The holiday season needs to be about family & spending time with those closest to you. In the tradition of that quality time I wanted to come up with something that you could create together that would bring you down to earth.

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I twiddled my thumbs a little (withdrawal from texting) & thought about what would motivate me to plug into family time.

Cocktails are a place to start. Dashing left & prancing right… I came across a few Holiday Hoorahs that I look forward to sharing with my family. I lucked into a recipe that enticed my senses by combining my three favorite things: candy canes, chocolate & cocktails. Behold the White Chocolate Peppermint Bark Martini (See recipe at bottom of page)

While you are all gathered around sipping on your sweet treats you can get a jump on your decorating by crafting Winter Luminaries.

For each luminary, all you’ll need is: a mason jar, 2 mini pine cones, lace, twine, hot glue gun, snow texture spray, Epsom salt & a tea candle.

Easy right? ( The full dets. are in the link below)

White Chocolate Peppermint Bark Martini

2 oz. white chocolate liqueur
1/2 oz. vanilla vodka
1/2 oz. peppermint schnapps
Splash of milk or cream, to taste

White chocolate, melted, for rimming the glass
Crushed peppermint candies, for rimming the glass
Whipped cream, for serving

Method:
1.   Melt the white chocolate in a shallow dish, and dip the rim of the glass into it. Shake off any excess, then dip into the crushed peppermint candies. Place glass in the freezer for 5-10 minutes to set.
2.   Shake liqueurs with ice, then pour into chilled glass. Add milk or cream, to taste.
3.   Top with fresh whipped cream and more crushed peppermint candies, for garnish.

http://relish.com/articles/15-creative-garnishes-for-your-holiday-cocktails/

Winter Luminaries:

http://craftsbyamanda.com/snowy-pinecone-candle-jars/

Once your family has gotten it’s fill up qt time make sure to give us a call to see what we can do to help you & your family stay stress free this season.

At Global Equity Finance we want to make your home as happy as we can for the holidays.

(800)245-EASY (3279) or stop by our website at www.geqfinance.com 

Smarter Loans, Happier Homes

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