Barbara Baker Realty

President Elect Trump - Mortgage Rates and Sedona Real Estate

Posted By: Barbara Baker In: Sedona Real Estate
Date: Mon, Nov 14th 2016 12:45 am

So now that President Elect Trump is coming our way, what is up with mortgage rates and Sedona Real Estate.  With Trump's election - the stock market went up and so did mortgage rates.  We know that Trump has  advocated for greater spending on defense and infrastructure, and at the same time he proposes to cut taxes. These policies raise the prospects for increased deficits and inflation, neither of which are good for mortgage rates. I would suggest that if you are looking at Sedona Homes for Sale, lock your rate and buy now!  Who knows what the future will bring!  Hopefully, all good for all of us - For all your Sedona Real Estate Needs, call, text or email me.