The goverment can earn billions of dollars in tax revenues by eliminating homeowner deductions but that would put a hefty tax burden on those who take mortgage interest and local property taxes write-offs. Click on the link to read the Arizona Daily Star article.
Saturday, October 27, 2012
Wednesday, October 24, 2012
The Census Bureau says September's sales better than August's 368,000 new home figure by 5.7%. One reason is mortage rates are low fostered by Fed's decision to buy $40 billion in mortgages to encourage growth. Click on the link to read the CNNMoney article.
Thursday, October 11, 2012
A Fed report just published said existing home prices either increased or held steady across the country. Click on the link to read the WSJ article.