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Oct
25

Mortgage Rates Update for October 25, 2012

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  Mortgage lending rates for home financing continue to stay at historical lows, with increased activity and loan execution occurring as the industry finds ways to lend even with tighter credit restrictions. The mid-October average 30-year fixed rate performance hasn’t … Continue Reading

 

Mar
7

FHA Streamline Refinances To Get Cheaper

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The Federal Housing Adminstration announced today that they will reduce insurance premium costs.  The FHA also announced that mortgage companies must also provide help to military personnel who were wrongfully foreclosed upon.  The program was also detailed by President Barack … Continue Reading

 

Jan
15

Mortgage Insurance Tax Deduction May End

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Mortgage Insurance premiums have long been tax deductible on your Federal taxes.  Starting in 2012, the deduction is no longer valid.   This deduction expired on Jan 1, and could effectively increase the costs of homeownership –on top of the … Continue Reading

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