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Fiscal Cliff Avoided: What It Means for Housing and Home Builders
The fiscal cliff, an economically damaging set of tax hikes
and spending reductions scheduled to begin in 2013, has been avoided (for now)
and that is good news for housing in the short-run.
The enactment of H.R.
8, the American Taxpayer Relief Act of 2012, will extend ...
HUD Cuts Red Tape to Help Displaced Storm Victims
To expand housing options for families displaced by Hurricane
Sandy, the U.S. Department of Housing and Urban Development (HUD) announced that
it is giving public housing agencies greater flexibility in calculating rent
payments in areas experiencing increased demand for rental housing. ...
Mortgage Rates Hold Steady as Markets Speculate Further Stimulus
Freddie Mac recently released the results of its Primary
Mortgage Market Survey® (PMMS®), showing fixed mortgage rates holding steady
from the previous week and remaining near their all-time lows. The average
30-year fixed-rate mortgage has been below 4.00 percent all ...
The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old downturn.
While its passage remains uncertain, the agreement would extend the existing credit for first-time homebuyers, worth up to $8,000, while ...