The Don Harkins Real Estate Show
The Don Harkins Real Estate Show is your go-to source for navigating the real estate market with clarity and confidence. Join Don as he uncovers industry myths, shares expert strategies, and empowers consumers, agents, and investors with actionable insights to succeed in today’s ever-changing real estate landscape.
The Don Harkins Real Estate Show
Locked Out of the Housing Market? This 401(k) Change Could Help
Breaking housing and mortgage news is circulating that could reshape how Americans buy homes, especially here in Florida. In this episode, we dive into the growing rumors that former President Trump may announce major changes to 401(k) rules that could allow buyers to use retirement funds for a downpayment on a home.
As a Florida mortgage loan originator, I break down what this could actually mean for buyers, lenders, and the real estate market. We explore why downpayments remain one of the biggest barriers to homeownership, how many buyers might realistically use a 401(k) loan for a downpayment, and the potential risks most people are not talking about.
We also zoom in on Central Florida and the Space Coast to analyze where this change could have the biggest impact. From Orlando and Winter Park to Orange County, Brevard County, and Merritt Island, we discuss which areas hold the most household wealth in retirement accounts and why those markets could see increased housing activity if mortgage rules shift.
This episode also touches on Florida mortgage rates, residential mortgage trends, and what this kind of policy change could do to home prices if more buyers suddenly gain access to downpayment funds. Whether you are watching mortgage rates, considering buying a home, or already own property in Florida, this conversation will help you think through the real world implications before headlines turn into action.
If you are looking for Florida mortgage rates explained by a broker, insights from a Florida mortgage loan originator, or clarity on downpayment strategies using a 401(k) loan, this episode is for you.
Listen in for practical insight, local market perspective, and an honest discussion about opportunity versus risk in today’s Florida real estate market.
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