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It appears from reading the headlines that new mortgages (i.e., refinances) would be subject to the $750,000 cap. However, this is not definitive, and perhaps this is not correct, or refinances already in progress will maintain the $1,000,000 cap.
It appears from reading the headlines that new mortgages (i.e., refinances) would be subject to the $750,000 cap. However, this is not definitive, and perhaps this is not correct, or refinances already in progress will maintain the $1,000,000 cap.
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