Possible Policy Impacts on Housing

On Friday I posted a few 2017 housing forecasts . I'll add more forecasts soon. Some of these forecasts may be revised due to the Presidential results and also due to the possibility of higher mortgage rates. Here are some preliminary thoughts on several potential issues for housing over the next couple of years: 1) Higher interest rates due to policy changes (tax cuts and more spending).  Higher mortgage rates could slow housing activity.  However, if the tax cuts and more spending lead to more jobs, then that might offset any increase in mortgage rates. 2) Immigration.......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2gpCzxz
via IFTTT