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What the Biden tax plans mean for the housing market

Housing Wire

The changes to the corporate tax rate were “permanent,” while the changes to the individual provisions were limited to 10 years and are scheduled to snap back to their prior levels in 2026. While each of these items have potentially important impacts on the housing and mortgage markets, I am going to focus on just a few.

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An open letter to President-Elect Trump: A market in crisis

Housing Wire

As an owner of a mortgage company and a 20-year housing veteran, I can tell you there is no shortage of people who want to buy just as there is no shortage of builders who want to build. If one would normally pay 20% based upon their tax bracket, they will pay 10% instead. This would be a temporary solution, from Q2 2025 to Q4 2026.

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