Trump to help real estate market FORT LAUDERDALE, Fla. – Nov. 21, 2016 – South Florida’s real estate market stands to benefit if President-elect Donald Trump follows through on campaign promises to reduce taxes, increase jobs and spend money to rebuild roads and bridges, industry leaders say.
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Fitch forecasts that 19 out of the 22 countries in its annual Global Housing and Mortgage Outlook report will see home prices rise in 2018, with UK, Norway and Greece the exceptions. The rate of growth is likely to slow in most markets due to gradually rising mortgage rates.
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Fort Worth, Texas-based Elevate Credit Services reported spending more than $100,000 in the first quarter of the year to influence the state government on top of its fees to lobbyists. It also.
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In particular, this involves the mortgage defaults and rise in bank losses leading to a decline in bank lending. In early 2008, many felt that this financial crisis would be limited to the banking sector and the housing market.