Real estate titan predicts major rate cuts following Trump victory

Published On Nov 6, 2024, 4:38 PM

Grant Cardone, a real estate investor, predicts significant rate cuts from the Federal Reserve following Donald Trump's election victory. Cardone argues that Trump will act quickly to address the housing crisis by pressuring the Fed to lower mortgage rates from around 7% to 4% or lower, which he believes will revitalize the housing market and alleviate commercial real estate debt issues. He asserts that the upcoming economic environment will support this scenario, helping the real estate sector significantly.

Read full article

Stock Forecasts

VNQView VNQ chart on TradingView

Positive

If Grant Cardone's outlook on interest rates and real estate market recovery holds, there could be a positive impact on real estate investment trusts (REITs) and other real estate-related stocks. Investors might consider increasing exposure to real estate sectors that benefit from lower interest rates and a rejuvenated housing market.

Related News

How the outcome of the election couldimpact your wallet

Nov 5, 2024, 6:00 AM

Bankrate Senior Economic Analyst and Washington Bureau Chief Mark Hamrick talked to FOX Business about if the outcome of the election will actually impact certain economic matters.

SPY
VNQ

Fed prepares rate cut amid economic contradictions

Nov 4, 2024, 4:08 AM

The job market is slowing but consumer spending is strong, posing a riddle for central-bank officials as they reduce interest rates.

XLY
VNQ

Election anxiety is stalling the housing market, agents and mortgage lenders say

Oct 29, 2024, 2:10 PM

Real estate industry veterans say election anxiety is weighing on buyers and sellers. But national data suggests there's no clear trend.

VNQ