REALTORS® Take Action!

CALL FOR ACTION!
Tell Congress to Oppose the Housing Tax for Transportation
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Dear Angie,

Take Action.jpgCongress is considering a proposal that would create a tax on all potential homeowners and consumers looking to purchase or refinance a mortgage.

By increasing Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs, Congress would disturb the housing recovery.  Now is not the time to raise the cost to purchase or refinance a home.

NAR strongly believes that taxing homeowners to pay for transportation programs places an unnecessary long-term burden on consumers and this action will disproportionately impact low and moderate income borrowers, as well as first-time homebuyers.

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Tell Congress to stop taxing homeowners to fund transportation projects.

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Chris Polychron
2015 NAR President

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