Tag Archives: Presidential Election Prompts Home Buyers to Wait-and-See

A quarter of Americans say they want to put off purchasing a home until they know who the next president will be, according to a poll conducted on behalf of MortgageMarvel.com of more than 2,500 adults. “It’s understandable that a considerable number of people say the upcoming election would give them pause for thought,” says Rick Allen, chief operating officer of Mortgage Marvel. “There has been speculation that tax policies could change depending upon who wins. Some have even indicated that the longstanding deduction for mortgage interest could be eliminated. […]