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Wyoming.pdf

2018-wyoming-home-price-forecast-01-09-2018.pdf

🔗 Source: cdn.nar.realtor

📊 Size: 374 KB

📄 Pages: 1 page

⬇️ Downloads: 58

Summary

The average interest paid for a 30-year fixed rate mortgage is $15,170 for a $750K mortgage, and $20,220 for a $1M mortgage, resulting in a $5,050 less deduction from taxable income for a $1M mortgage homeowner, leading to a $1,264 loss in potential savings. In Wyoming, 1,189 homeowners with homes over $750K will be affected, with an estimated loss of $1,264 each over 10 years. The tax impact is expected to decrease home prices by -0.6%. Additionally, a 50 basis point increase in interest rates will decrease home prices by -0.4%. Considering these factors, along with employment and construction momentum, home prices in Wyoming are expected to increase by 1.8%.

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Description

The average interest paid for a 30-year fixed rate mortgage is $15,170 for a $750K mortgage, and $20,220 for a $1M mortgage, resulting in a $5,050 less...

Technical Information

File Format: PDF
File Size: 374 KB
Pages: 1
Language: EN
Total Downloads: 58
Last Updated: 1 month ago

Document Overview

This PDF document about Wyoming provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Wyoming.