[unable to retrieve full-text content]How rich homebuyers are avoiding high mortgage rates Yahoo Finance Source link
Read More »How rich homebuyers are avoiding high mortgage rates – Yahoo Finance
Mortgage rates surpass 7% while home prices show no signs of declining – Yahoo Finance
[unable to retrieve full-text content]Mortgage rates surpass 7% while home prices show no signs of declining Yahoo Finance Source link
Read More »New target in Biden administration's war on junk fees: mortgage closing costs – Yahoo Finance
[unable to retrieve full-text content]New target in Biden administration’s war on junk fees: mortgage closing costs Yahoo Finance Source link
Read More »Here’s one way high mortgage rates are benefiting homeowners
High interest rates are making tax returns more complicated for many new homeowners — but in a good way. The mortgage interest deduction — a lucrative homeowners’ tax benefit taken on itemized returns — was limited by the Tax Cuts and Jobs Act (TCJA) in 2017, severely curtailing the number of households that can write off the interest they pay on their home loan. But today’s high interest rates are tipping the calculation back in favor of claiming this largely forgotten benefit,… Source link
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