Blog :: 09-2011

Vermont's Mortgage Rates Are Falling Once Again.

Vermont Mortgage RatesMortgage rates are rocking the bottom.

Recently, we received a report that mortgage rates in general were hovering around the 4 % mark for 30-year loans and that VHFA, a first-time home buyer program, had reached a new low of 3.5 %; making home ownership even more affordable. If you would like some help in determining your options, please contact us or browse listings in Chittenden County VT that may qualify for the VHFA loan.

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    Concerns about the Mortgage Interest Deduction


    The Importance of MID.

    Theres no question were dealing with difficult issues when it comes to the future of our nations economy, but in the process, we must not lose sight of the values that helped make our country strong in the first place. Major changes to home ownership tax benefits like the mortgage interest deduction could adversely affect the wealth of middle-and lower income families and make it harder for them to achieve their dreams of homeownership. Two-thirds of all families who take the MID earn less than $100,000. Reducing or eliminating this crucial benefit would mean a tax increase for American home owners, who already pay 80 to 90 percent of U.S. federal income tax.

    Taxing Issues.

    Ask home owners in your community if they have ever taken the mortgage interest tax deduction, and what difference it made for them, if any, at tax time. For more information, fact and myths about the mortgage interest deduction visit http://economistsoutlook.blogs.realtor.org/category/mortgage-interest-deduction/. We welcome you to share your concerns with us on this topic at info@c21-advantage.com.

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      Century 21 Advantage Top Sales Associates in August

      CENTURY 21 Advantage recognizes Brian French, Lori DykemaandShawn Kelley as the Top Sales Agents for the month of August.Whether selling, buying or relocating to the Greater Burlington community, they have the experience and technology that is second to none.

      Brian French

      Brian

      Lori Dykema

      Lori

      Shawn Kelley

      Shawn

           
      Read testimonials or browse their listing forShawn,Kelly, and Jim and Linda.

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