How Will the Election and Brexit Affect the U.S. Housing Market?

There has been a lot of shakeup, both politically and economically, in recent weeks. How are events like the Brexit and the U.S. presidential election affecting the housing market? Well, real estate is doing well and will continue to do so for the foreseeable future. 

We were told in the past that mortgage rates were going to go up, and a lot of people predicted that it would happen already. However, the Fed decided to hold raising them after the Brexit happened and rates have remained low, even dropping in some cases. These low rates will allow home buyers to buy affordably and save a good amount of money over the life of the loan by offering low rates.

Real estate is still the safest place to keep your money.

A lot of folks are asking about how the election is going to affect the market as well. Truthfully, the election will affect the stock market, far more than the housing market in my opinion. If I were you, I would move my investments into real estate. It’s still the safest place to keep your money.

No matter what happens with the election or Brexit, we are here to help make things easier for you when buying or investing in real estate. If you have any questions for us, don’t hesitate to give us a call or send us an email. We look forward to hearing from you.