The Community Home Lenders of America are advocating for a mortgage interest credit to be implemented as a significant 2017 tax law faces expiration in the near future. This credit would provide relief for homeowners by offsetting the costs associated with mortgage interest payments, potentially offering a much-needed financial boost in the wake of economic uncertainty.
Key points:
– Community Home Lenders of America push for mortgage interest credit
– Credit aims to alleviate financial burden on homeowners
– 2017 tax law set to expire in 2025
– Potential relief for homeowners facing economic challenges
You can read this full article at: https://www.housingwire.com/articles/congress-should-adopt-mortgage-interest-tax-credit-chla/(subscription required)
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