Mortgage cap would hit California, Florida, New York hardest

New York, New York Home Affordability. The data below measures home affordability for the New York-White Plains-Wayne, New York metropolitan area using price-to-income and price-to-rent metrics. 1 The maximum affordable loan amount for the median household income is also calculated. You can also compare New York home affordability to other cities.

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The worst-hit states include florida, California, Arizona, New York, New Jersey and Maryland.. scam states: The places where mortgage fraud hit hardest.. worst hit state, according to MARI.

New Jersey has the highest inventory of homes in foreclosure at 2.8 percent, according to CoreLogic, another Irvine, California. In raw numbers, Florida and Nevada have had the most foreclosures.

Property owners in California, Florida and New York have the most to lose if Congress limits tax deductions for interest payments on home.

Alabama, Arizona, California, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Oregon, Rhode Island, South Carolina and Tennessee. NOTE : theee hardest hit fund Unemployment Program and Hardest Hit Fund Second Lien Unemployment Program are included as part of the above-mentioned.

Instead it focuses on sales and concludes that the tax law’s $10,000 cap on deductions of state and local taxes (SALT), its increase in the standard deduction and the $750,000 limit on the amount of.

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NEW YORK. the mortgage problems in this country are likely to escalate." Hardest hit areas Nevada once again recorded the highest foreclosure rate in the nation. One of every 76 households had a.

New York Governor Andrew Cuomo is blaming the SALT hit for pushing New Yorkers to flee to no-state-income-tax Florida and causing a. You might lose itemized deductions under the new tax law, but other provisions, like. In California, for example, the standard deduction for a married couple is just.

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Level of mortgage balances by state since crisis. A decade later, echoes of the financial crisis still linger in mortgage debt data, according to research released by the New York Fed on Tuesday.

NEW YORK (CNNMoney.com) — The economic stimulus plan announced Thursday by Congress and the Bush administration includes provisions that specifically address the mortgage. took a hit. "This will.