Archive for December, 2006

New Tax Deduction Will Make Housing More Affordable

| December 11, 2006 | 1 Comment

WASHINGTON, D.C. December 9, 2006 — A new tax deduction will make homes more affordable next year by allowing many American home buyers to write-off premiums for private and government mortgage insurance. The deduction, which will help families who can’t afford the traditional 20 percent down payment for a home mortgage, will be effective for [...]

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