Tax Bill Housing Impact Worse than You Thought (Maybe)

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Posted To: MND NewsWire

Black Knight, (which has just rebranded itself, dropping “Financial Services from its name), has released an especially meaty Mortgage Monitor for December. Of particular interest following the weekend in which the Senate passed its tax reduction bill on a totally partisan basis, is Black Knight’s assessment of the potential impact of the House and the Senate’s versions on the mortgage and housing markets. A couple of caveats here. First, while the version passed by the house has had a couple of weeks to age and for analysts for look at its potential impacts, the Senate’s bill was literally hand written and few people seem sure (to the extent of even being able to decipher some of the handwriting) exactly what is in the bill. Clearly at odds are the various tax brackets and the taxes that will…(read more)

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