By any measure, almost everyone would agree that the housing market is finally making a comeback. It is an ideal time to buy if you have a need. The prices are great (at least if you are buying) and the interest rates are even better. The bottom line is that housing affordability is amazing. You can buy much cheaper than you can rent in most cases.
Here is the problem. Various groups in Washington are wanting to take away the mortgage deduction and not wanting to renew the deductibility of PMI. And there are other issues that would hurt. The country doesn’t need to do anything that hurts the housing industry. We all know it has been difficult enough to get it back on the right track. Please let your Representative or Senator know.
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