3 Reasons Why Connecticut Should Not Impose a Buyers Tax on Real Estate Purchases

June 2, 2011 Tax News 0 Comments Print this page Share

 

The State of Connecticut Budget proposal includes a conveyance tax on buyers of real estate.  The tax imposed would be 1% of the purchase price on homes purchased above $150,000.  Here are 3 reasons this proposal should not be passed:

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Rising Rates and Five Other Housing Trends

April 15, 2010 Tax News 3 Comments Print this page Share

Guest Post by Bill T. Daniels, Certified Mortgage Coach

The Federal Reserve's purchases of mortgage-backed securities kept interest rates near historic lows for much of last year.  But within a week of the program's expiration, rates for 30-year fixed-rate mortgages jumped from 5.04 percent to 5.31.  Now many analysts are predicting rates will likely rise as high as 6 percent by early next year.  Here are five other housing trends to watch:

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