Mortgage rates ease a bit on November inflation surprise

Core inflation rose less in November than forecasters had been expecting, in part because housing costs rose at a slower pace, Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said. Continue reading

Second stimulus package could roll back property tax deductions

House Speaker Nancy Pelosi is reportedly mulling a rollback of the state and local tax (SALT) deduction cap implemented by changes to the tax code under President Trump. Continue reading

President Trump’s tax cuts cost homeowners $1 trillion: Report

Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth. Continue reading