Could interest rates go down because of change in the senate?

I doubt it.. in fact a Republic heavy senate could result in a vastly improved economy, which in turn will raise interest rates to curb inflation.. If you sitting on the sidelines, you better jump in now before things go much higher.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

William is right. Move ahead now, not later.

I agree with both others, rates are more likely to go up than down. Significantly down is only likely if there are major economic issues here or internationally that make the financial markets worry that things are getting bad again. Don't delay, move forward when you are ready.