Trump’s Housing Agenda

Today in Mortgages

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about the new president and new policies. Today's article is from CNBC: "Here's what the trump presidency could mean for the housing market, experts say" talks about what President Trump plans to do to fix housing. First we can expect, deregulation to increase affordability, however, in some areas of the country this won't help very much, only 10% compared to 25% like the article mentions. But we could all really use building timelines to be much quicker with new homes taking up to three years to build.
The second point in the article talks about the impact of homebuilding workforce; 30% of the construction industry is immigrants. If immigration gets a crackdown that could negatively effect building costs if builder have to pay U.S. workers more.
The final point we are looking at is tariffs. The U.S. is the number one importer of lumbar, and tariffs could make lumbar prices rise. Hopefully the campaign will look at tariffs strategically to keep lumbar prices low.
Listen in as we discuss this and more!
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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.