NEW YORK (CNNMoney.com) — A $40 billion tax bill signed into law Wednesday by President Bush extends several popular tax breaks and introduces a new one - tax-deductibility of private mortgage insurance (PMI).
Only homeowners with adjusted gross income less than $110,000 and who itemize their deductions will be eligible to reap the benefit.
But for those […]
Archive for December, 2006
New homes sold at an annual pace of 1.05 million, up from the revised annual rate of 1.01 million in October. Economists surveyed by Briefing.com had forecast that home sales would rebound to a 1.02 million pace.
he median average home price came in at $251,700 in November, up from the $248,500 level in October. The […]
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