Congress is considering a tax reform plan that raises taxes on middle-class homeowners and first-time homebuyers and diminishes the value of the mortgage interest deduction. Contact Congress TODAY to urge them to protect middle-class homeowners and homebuyers. Click here to Contact Congress.
The tax plan released by the Administration could lead to many homeowners paying higher taxes, NAR believes. NAR Senior Legislative Policy Representative Evan Liddiard and NAR Deputy Chief Lobbyist Jamie Gregory discuss the association’s concerns with Jon Boughtin of NAR Media.
In one of its first actions, the Trump Administration suspended a planned decrease in the FHA mortgage insurance premium. Other segments of this ‘Voice for Real Estate’ segment look at the nomination of Ben Carson to be HUD secretary, the latest on home sales, and how consumers can use a reverse mortgage to purchase a home.