There is a threat on the horizon. There's "an unprecedented assault on housing that threatens to derail nearly 100 years of national policy promoting the value of homeownership" states the NAHB and "much of the public remains largely unaware of the potential catastrophe that lies ahead". Here is a list of reasons why we face such a threat:
- A sharply limited availability of long-term, fixed-rate mortgages,
- A huge jump in the cost of mortgages
- Minimum downpayments of 20 percent or more
- A severe reduction in mortgage credit
We at Kreiser Construction invite you to stay informed.
Important Websites
See National Association of Home Builders Press Release
How to Save the Mortgage Interest Deduction
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