Welcome back dreammakers! In this episode of “Today in Mortgages,” we talk about the big presidential debate that went down this week and what it means for housing policy. Time Magazine’s analyzes the candidates policy in today’s article: “Here’s what Harris and Trump has proposed to help the housing crisis.” Crisis is a strong word and we agree, we are short at least 2 million homes and medium home prices are up to $415,000. The article shocks with the statistic that over 77% American households cannot afford home prices.

Harris has discussed tax-incentives for first-time buyers and building three million homes by easing regulations. Trump has discussed opening up federal lands to build housing communities, and make it less expensive for builders to build homes. This is only the first debate, but we have a general idea of the candidates plans to help housing. Remember, regardless of who wins the election, the Fed has said rates are coming down, which is great news! Listen in to learn about this and more.

Listen in to learn about this and more!

Listen in to learn about this and more!

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