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Tag: mortgage interest deduction
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14 August 2011 - 18:41, by , in House To House, No comments
Recent speculation over eliminating or reducing the mortgage interest deduction (MID) has caused widespread rumors and myths about the vital tax benefit for homeowners. The MID is not only crucial to the stability of the American housing market and the overall economy, but any changes to it could lower the homeownership rate in the U.S. As...
2 August 2011 - 18:35, by , in news, No comments
Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle-class wealth accumulation and hurt economic growth. That was the message delivered by National Association of Realtors® NAR Chief Economist Lawrence Yun during a recent Rethinking the...
14 April 2011 - 14:56, by , in House To House, No comments
As the deadline to file taxes quickly approaches the Arkansas Realtors® Association reminds home owners of the many tax benefits they can take advantage of by owning a home. “Many families are feeling a financial squeeze these days and the tax benefits associated with owning a home can be a welcome relief,” said Andy Meyers,...
22 January 2011 - 15:35, by , in House To House, No comments
Suze Orman, the American financial advisor, author and talk show host once said that “owning a home is a keystone of wealth… both financial affluence and emotional security.”   Apparently, a significant majority of today’s home owners and renters agree and believe that owning a home is a smart long-term decision. According to a survey released...