Archive for the ‘Mortgages’ Category
Friday, February 10th, 2012
The mortgage interest tax deduction is one of the best sales tools that real estate agents have at their disposal. It costs them nothing to mention that in all but the most expensive homes, all of the mortgage interest on a primary residence is a federal tax deduction if you ...
Posted in Mortgages, Taxes | 5 Comments »
Tuesday, November 15th, 2011
Fixed-rate mortgages are almost as cheap as the teaser rates on adjustable-rate mortgages of a few years ago. The average rate on a 15-year fixed rate mortgage for today (November 15th, 2011) stands at 2.97%. (Note: It was at the time I wrote this post. Rates change all the time.) ...
Posted in Mortgages | 9 Comments »
Monday, October 24th, 2011
The Federal Housing Finance Agency (FHFA), with the Federal National Mortgage Association ("Fannie Mae") and the (Federal Home Loan Mortgage Corporation) ("Freddie Mac"), today announced a number of changes to the Home Affordable Refinance Program (HARP) designed to increase the number of borrowers eligible for refinancing at-risk home mortgages.
One of ...
Posted in Economy, Mortgages | 7 Comments »
Thursday, August 25th, 2011
One of my office mates recently got another house that was closer to his family's activities. From the looks of mortgage rates now it seems like he could have gotten quite a deal, even now! Rates have stayed down for quite a while -- quite a bit longer than I ...
Posted in Budgeting, Mortgages, Real Estate | 5 Comments »
