Biden’s Stimulus Plan Includes $3,000 Child Tax Credits
The president is calling for a temporary tax credit of $3,000 per child (more for younger children).
The president is calling for a temporary tax credit of $3,000 per child (more for younger children).
The $15,000 tax break would jumpstart a first-time homebuyer’s prospects of purchasing. The tax credit – along with Biden’s other economic goals outlined in his $1.9 trillion American Rescue Plan – seems more of a possibility now that both Senate races in Georgia went to Democratic challengers.
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The final delinquency tally for December is in, with data revealing that by end of 2020, 1.54 million more mortgages were reported delinquent.
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Mortgage applications decreased 1.9% for the week ending Jan. 15 from one week earlier, per data from the Mortgage Bankers Associationâs weekly survey. The drop comes after a robust 16.7% jump in applications the prior week.
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