In an article published by Bloomberg this morning, it has been reported that the cost of one of the most expensive individual tax breaks is shrinking. I’m not talking about the tax-free health insurance contributions, which alone will cost the government $1 trillion, or exclusion of net imputed rental income, which sends the government a $50 billion bill every year.
How much can you SAVE with today's crazy low mortgage rates? Find out now!
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Five Mortgage Trends for 2012
Interesting article in Fox Business about some trends in the mortgage industry for early 2012. The five tips range from info on mortgage rates to home buying. Here they are:
Investors Take Advantage of Home Prices Being Low While Rent Remains High
Interesting article yesterday in Bloomberg. Despite record low mortgage rates on home loans, lots of folks are renting, and that creates an opportunity for real estate investors.
ABCs of Home Appraisals
With mortgage rates amazingly low right now, it’s no surprise that many homeowners are looking to refinance to a mortgage with a lower rate. One of the most important factors regarding your ability to refinance is your home appraisal. Knowing how home appraisals work may be the key to understanding how the value of your home is calculated. Here is a quick recap of the appraisal process.
FOX Business: Pay Off Your Home Loan Faster
I stumbled across this article earlier today and figured I’d share it with our loyal Zing! readers out there. Marcie Geffner of FOX Business listed the two easiest ways for borrowers to pay off their home loan faster.
15-Year Fixed-Rate Mortgages Hit Record Low
After skyrocketing two weeks ago, it seems that mortgage rates have fallen back to territory that we have been enjoying for most of the year. One week mortgage rates jump up for no reason, then the next week they fall to record lows. Seems to me that if you are thinking about refinancing or locking in to a mortgage that you shouldn’t wait much longer.
3 Things Homebuyers Should Never Say to a Realtor
Not many homebuyers realize that some of the things they say can slow down the process, derail a sale or even cause your agent to dump you. Here are three things you should never say to your real estate agent or broker:
Rent-to-Own Homes
These days you may be hearing more about rent-to-own homes. Maybe you’ve heard that they’re a great option for those who want to buy a home, but either don’t have the down payment money saved, or need a better credit score.
Unexpected Things I Found While House Hunting
House hunting is an adventure, but working more than 40 hours a week and attempting to see prospective homes is a challenge. We turned our hunt into a one-day marathon. In one house after the other, we found some things we would have never expected to look for.
Home Buying: What to Do After a Low Home Appraisal
Want to find out why a home appraisal may come back much lower than expected? Wondering what AVMs are? Need tips on what to do after a low appraisal? Check out my post about what happened when our home appraisal came back much lower than we expected.
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