11. Analysts cite rising delinquencies on home mortgages and bank credit cards as evidence that many people are having trouble paying their bills. 12. And eliminating the home mortgage deduction would cause a tumble in real estate values, undermining the one big asset most ordinary Americans have. 13. And in contrast to the United States, there is no deduction for interest paid on home mortgages. 14. And it accuses him of scheming to abolish that most sacred tax break of all, the federal deduction for interest on home mortgages. 15. And that in turn means banks are likely to lower the lending rates they charge for everything from home mortgages to new cars. 16. Applications for home mortgages are on the rise, and jobless claims fell this week for the third consecutive week, suggesting labor markets may be stabilizing. 17. As the economy slows and the risk of inflation wanes, investors may accept lower yields -- and rates on everything from auto loans to home mortgages may fall. 18. At Salomon, Parseghian headed trading of collateralized mortgage obligations, the custom-made bonds cut from bundles of home mortgages. 19. At the same time there would be no deductions for home mortgage interest or for state and local taxes, and no earned income tax credit. 20. Bankers report rising delinquencies on car loans and home equity loans and more late payments on home mortgages. |
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