UH oh.......
"We'll cap the mortgage interest, but we'll allow some deductibility," said Steve Mnuchin on CNBC Wednesday after confirming that has been asked by President-elect Donald Trump to head the Treasury Department."
UH OH........
"Mortgage interest rates have been rising dramatically since the election in November, and that has already slowed demand among some homebuyers. Home prices also just crossed over to record highs in September, according to the S&P CoreLogic Case-Shiller Home Price Index.
Affordability is weakening, and while some claim that job and income growth will make up for it in 2017, the prospect of losing the deduction, meaningful or not, is another emotional barrier to entry for potential homebuyers on the edge of ownership."
UH OH....
Fkng with the home owners again, has begun or is about to.
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