Entries by JKents

House bill calls for bigger SALT tax breaks

The House tax committee is looking to raise the cap on the state and local tax deduction (SALT) and formally adopt several of President Trump’s campaign tax promises as part of a multi-trillion-dollar package, Republicans’ main legislative priority. The draft legislation, introduced by the tax-writing Ways and Means Committee in the House of Representatives on […]

HUD secretary defends repeal of fair housing rule

In a strongly worded op-ed, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner defended the recent repeal of the Affirmatively Furthering Fair Housing (AFFH) rule. Turner argued in The Gazette, an Iowa-based newspaper, that AFFH represented a federal overreach into local housing decisions and hurt the very communities it claimed to help. […]

Redfin stockholder files suit over disclosures in Rocket deal

While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast.  On Friday in U.S. District Court in Seattle, plaintiff Jason Morano filed a lawsuit accusing the two companies of breaching their contracts, engaging in […]

Tranquil Mount Martha escape that’s as sweet as honey

For sale: 24 Birdrock Ave, Mount Martha. Resort-style luxury meets beachside haven at this Mount Martha home within walking distance of the ocean. The four-bedroom, three-bathroom getaway at 24 Birdrock Ave, Mount Martha, has been immaculately designed to reflect the tranquillity of the Mornington Peninsula with the flexibility and “architectural flare” of modern living. Designed […]

Second RBA rate cut to drive uptick in refinancing

More than a third of Australian homeowners would consider fixing their mortgage if a second rate cut were to be delivered by the Reserve Bank of Australia. New research from Money.com.au revealed next the RBA May 20 board meeting could trigger one in three borrowers to lock in a fixed rate, in a bit to […]