Does drumph have control over mortgage interest tax deductions?

[BSdetect]

I read he cancelled that deduction.

[DonViejo]

1. Here you go...

HUD suspends FHA mortage insurance rate cut an hour after Trump takes office
http://www.latimes.com/business/la-fi-trump-fha-cut-20170120-story.html

[Warpy]

2. No, he can't govern by fiat

and he's about to find that out the hard way.

Only Congress can change that particular tax law and since they benefit from it directly and indirectly through stock holdings, I don't honestly think they're going to.

[kirby]

3. No

That is congress. You are thinking of something else...

See: http://www.latimes.com/business/la-fi-trump-fha-cut-20170120-story.html

[BSdetect]

4. I thought as much.

This guy is totally nuts.

[Wellstone ruled]

5. Tell you what,

watch the Housing Market take a hit on Monday. Rule implementation can be at the behest of the President. This just wiped out tons of Middle Class Home buyers who would be doing Move Ups this year. Let's be honest,most folks purchasing Homes plan these things based on how much can they afford and projected inflation value of the house. Most people are stretched for the first couple of years and with the Mortgage Insurance Premiums not being adjusted,that can be a deal Breaker.

Expecting noise from the Bankers who under wrote Trumps theft of Office on this issue.