For a mortgage interest tax credit,the home must not cost more than 90 to 110 percent of the average area purchase price.

Name: For a mortgage interest tax credit,the home must not cost more than 90 to 110 percent of the average area purchase price.
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This statement is true. To be eligible for a mortgage interest tax credit, the home's cost mustn't exceed 110% of the area's average purchase price. However, it should not be lower than 90 percent of the average price.

For a Mortgage Interest Tax Credit,the Home Must Not Cost