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Refinancing fumbles: as more homeowners take advantage of low interest rates, overworked banks and mortgage brokers are making errors that could cost you
Never mind baseball--with interest rates at near-record lows, refinancing has become the national pastime. In 2002, roughly $2.24 trillion worth of home mortgages were financed, and nearly 60 perce...(Continue Reading)Mortgage interest deductibility and housing prices - Industry Overview
The tax deduction for home-mortgage interest subsidizes home ownership, but some tax reform proposals include provisions for eliminating it. Will ending ......(Continue Reading)Facing off on write-offs - possible restrictions on mortgage interest deduction - includes related article on law reducing capital-gains tax on sale of
Legislators are trying to increase government revenue by limiting the interest deductions on home mortgages up to $250,000. This proposal would increase ......(Continue Reading)Interest rates bound to go up in 1994 - advice for real estate industry regarding influence of expected rise in mortgage interest rates - Annual Review
To Mark Twain's favorite (and only) certainties - death and taxes - we must add, for this year at least, rising interest rates. We can reverse Newton's ......(Continue Reading)Tonic for a sick economy: lower long-term interest rates should provide a healthy payoff for Clinton's deficit-cutting plan
A key result of Pres Clinton's deficit reduction plan is lower interest rates. An analysis of the economic benefits of the lower rates indicates that economic ......(Continue Reading) |
