[Expert commentary] Outside the furor, the long-term impact of the tax plan is much grayer and has little impact on most Americans. The mortgage interest rate deduction benefits too few people in too few areas, and a broad-based decrease in taxes will ultimately benefit the housing market.
The Trump administration recently signed an executive order to scale back the massive Dodd-Frank law. Many advocates are concerned its repeal could lead to another recession. However, it's important to understand that the executive order does not repeal the act. Here's what the executive order does mean for the housing market.
[Expert commentary] After the initial shock, markets closed at new highs two days following the election of President-elect Donald Trump. It’s safe to say that the stock market will continue along its recent bumpy path. Here's how the real estate and housing markets are likely to move to forward.
The roadmap for how Brexit will occur from a logistical perspective should become clearer over the next few months. Steve Hovland, director of research at HomeUnion, weighs in on the initial shock of Brexit and what the industry can expect for the future. Here's a hint, it's not all bad.
President Donald Trump appointed Calabria to take the helm of the FHFA on December 12, 2018. The Senate then officially confirmed Calabria in April by a vote of 52 to 44 as head of the agency. Since then, Calabria has not been silent on his plan to reform the FHFA and the entities it oversees – Fannie Mae and Freddie Mac.