If you are a first-time homebuyer in the Colorado Springs real estate market or a veteran homebuyer, the recent talk about reducing the mortgage interest tax deduction probably caught your ear. It definitely caught the attention of Colorado Springs real estate agents and the president of the National Association of Home Builders (NAHB). The ability of homeowners to deduct large amounts of mortgage interest payments from their federal income taxes means buyers can afford to purchase more of a house. … [Read more...]
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