How Does the New Tax Reform Affect Home Buyers?

April 7, 2018
Author: New England Home Mortgage

The GOP tax reform plan includes a number of changes that will affect both homeowners and buyers.  The key difference for homeowners is in the amount of mortgage interest they can deduct from taxes.  There will also be changes with regard to the sale of a primary residence, as it pertains to tax benefits on money earned through the sale of the home.  Some folks may choose to stay in their homes longer, while home buyers may be inclined to choose a cheaper home.

Learn More About How The 2018 Tax Reform Can Affect Your Home Buying Experience.

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