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Dec 10

Tax Deductions and their Impact on the Mortgage Sector

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Foreclosure Forecast, Foreclosures in Government, IRS Tax Settlement, Loan Modification Mayhem

by Amerihope Alliance

Tax Deductions and their Impact on the Mortgage Sector

In order to reduce the budget deficits, both democratic and republican parties seem to agree that eliminating certain tax breaks is the way to go. Homeowners are allowed to deduct mortgage interest from their yearly tax. When the tax cuts come under congress’ microscope, mortgage interest deduction will most likely be discussed. The authorities may …

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