There is a major dialogue going on in Congress and the country surrounding what to do with Deferred Action for Childhood Arrivals (DACA), but what about other immigrants who arrive legally? Do they have full access to all we have to offer? They face major challenges in tasks we take for granted, like getting a cell phone, a credit card…
Tag: Economy
A New Year’s Resolution That Should Be Broken
Over a month after we all sat down and tried to improve our lives through our New Year’s resolutions, here is one that came up this year that is a little disheartening. Hopefully, this is a resolution that will not be kept. According to a Debt.com report, buying a home is not at the top of the ‘to do’ list…
Will Tax Reform Reshape the Housing Market?
Some believe that the changes to the tax laws recently passed will have a devastating effect on housing and the mortgage market. Why? Because of the limitations placed on allowable mortgage interest and state and local tax deductions. These limitations may lead to fewer home buyers and more home renters, especially in states with higher real estate taxes. Maybe… However,…
The Lamb Lays Down with the Lion
Editors Note: Our blog will not be published during the week between Christmas and New Year’s Day so that our staff may enjoy that time with their families. Be assured we will be keeping abreast of the housing market and will be back on January 2, 2018. Happy Holidays from all of us at LoanLogics. Maybe it’s the holiday spirit.…
Will Tax Reform Force Some to Relocate?
According to some experts, the elimination of the SALT deductions may result in some homeowners looking to move from high tax states. Is that so bad? The net effect of such moves will remain to be seen. First off, will existing homebuyers just up and move because of the SALT elimination? Maybe some, but what about their jobs, their family,…
Will Tax Reform Affect Housing?
The debate rages on. Who will really benefit from the current tax reform proposals? Some say the rich, some say the middle class, and others say the big corporations. Maybe, it’s all three. One big question revolves around the elimination of the SALT deductions. Critics argue this is “double taxing” that would hurt the middle class. Others say, not so…