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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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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Vida Joven Orphanage & Global Equity Finance

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Partners,” a term used to describe a multitude of the type of relationships we can share with people.  “One associated with another, especially in action,” as Merriam-Webster defines it.

“Someone who participates in an activity or game with another person,” is how The Oxford English Dictionary identifies it.

The question for our company was how do we identify the term?

We defined it as an opportunity to establish and nurture a human connection on a global level. 

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On January 30th, 2016, the partnership between Vida Joven Orphanage and Global Equity Finance was established.

The Vida Joven Orphanage, located in Tijuana, is dedicated to housing, educating, and caring for 30 children between the ages of 2-16.  Over a 3 month period, our staff teamed-up, planned, and fundraised a visit to the children at their home.

 

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Over a few months, the staff at Global Equity Finance worked to raised money, shopped for the kids, and collected donations.  Eagerly, volunteers stuffed the van with goodies for the children and made the trek across the border.

   group gifts     Passing out

Along with new wardrobes, books, & toys, each child was given a box with their name painted on the lid.  With the help of our volunteers, the children creatively, and adorably, decorated the box to represent things they liked.

names     Mayra

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Even though these children are dealing with great adversity, the fun brought to them by these simple gifts and activities inspired our volunteers.  Their new messily painted boxes and sparkly fairy wings united us.

Building team & community relationships strengthened the already present sentiments of teamwork and support within the Global Equity Finance family.

yaline1    Little Boy1

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Architect Your Imagination

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How many bedrooms do you need? How about bathrooms? Design your perfect space!

Skeptical that furniture won’t look the same in your home as it does in the store?

Play with this site that virtually builds a 3D model room-to-room including walls, windows, materials, and fixtures. Upload your own photo, use your imagination, and design away!

http://planner.roomsketcher.com/

When you’re finished designing your dream home, call us at (858) 500-4638 and we’ll assist in making that dream come to life with a mortgage that makes sense for you. Experience the GEQ difference.

Smarter Loans, Happier Homes.

CALL NOW at (858) 500-4638 or fill out an online contact form!

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“Do it Yourself” Home Improvement Made Easy

Do you ever start on a home  improvement project and then become overwhelmed with the amount of work that goes along with it? Starting a new garden or retiling your kitchen may not be the best thing to begin unless you have a plan of execution. Sometimes we overextend ourselves and become weighed down by the task at hand.

The DIY network has created some great home improvement tips that are super simple and step-by-step to keep you in charge with the project that you set out to accomplish! Check out awesome videos, pictures and how-to guides here to knock those home projects out with ease: http://www.diynetwork.com/how-to/topics/home-improvement

What are some of your DIY home improvement projects? We would love to hear them!home-improvement-DIY-projects

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