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  2. Causes of the 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/Causes_of_the_2000s_United...

    For example, the monthly cost of a $250,000 home at 6% interest fixed over 30 years, with 1% property taxes, 0.75% maintenance costs, and a 30% federal income tax rate is approximately $1361 per month. The rental cost for an equivalent home may be less in many U.S. cities as of 2006. Adding a down payment or home equity to this calculation can ...

  3. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

    With the Emergency Economic Stabilization Act of 2008, this tax relief was extended another three years, covering debts discharged through calendar year 2012. The relief was further extended until January 1, 2014, at Section 202 of the American Taxpayer Relief Act of 2012. [1] This tax relief has been renewed each year since.

  4. Home mortgage interest deduction - Wikipedia

    en.wikipedia.org/wiki/Home_mortgage_interest...

    When income tax was first introduced in the United Kingdom in the early 19th century, interest on loans could be set against tax. However, in 1969 the then Chancellor of the Exchequer, Roy Jenkins, ended this tax relief for all loans except for business purposes or for home buyers. This meant that borrowers could no longer claim tax relief on ...

  5. Homebuyers are finally feeling relief now that soaring ... - AOL

    www.aol.com/finance/homebuyers-finally-feeling...

    In Redfin’s latest report, for one, the median home sale price was up 4.5% year-over-year over the four weeks ending December 10, at $364,535, Redfin said, the biggest jump since October 2022.

  6. 7 tax tips to make sure you get the biggest refund, according ...

    www.aol.com/finance/7-tax-tips-sure-biggest...

    With less than two months to go until 2023 taxes are due, there is still plenty of time to lower your bill or maximize your refund, advisors say. It's also the perfect time to look ahead to ...

  7. Here’s what you should know about buying a home ahead of a ...

    www.aol.com/know-buying-home-ahead-likely...

    The changes, which went into effect on August 17, are designed to shift the way the 1.5 million NAR real estate professionals are paid when they help people buy and sell homes.

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