In 1968, mortgage rates were 8.5%. The next year, rates went down to 7%. Homeowners could buy a 15-20% larger…
Mortgage
The new tax law doubles the standard deduction and it is estimated that over 90% of taxpayers will elect to…
Mortgage loans for more than 80% loan-to-value typically require private mortgage insurance. Mortgage insurance reimburses the lender if a borrower…
The new tax law that was signed into effect at the end of 2017 will affect all taxpayers. Homeowners should…
FHA insured mortgages serve a sector of the market that is not necessarily being met by other loan programs. Securing…
Would someone really refinance their home and not take money out of it? Certainly, if they could get a lower…
When loans are quoted by lenders, most buyers pay attention to the interest rate but not so much to the…
The Mortgage Debt Forgiveness Act, originally passed in 2007, was extended three times to protect homeowners from paying income tax on debt…
There could be some legitimate reasons for not buying a home, but indecision is not one of them. Indecision is…
Regardless of what a lender quotes on mortgage rates, the actual rate a borrower pays is based on a number…