10 Reasons Not to Take Out a Reverse Mortgage
10 Reasons Not to Take Out a Reverse Mortgage
Dollar mortgage holders urge end to financial slavery
When Olga Savelyeva took out a $226,000 mortgage to buy a small apartment on the outskirts of Moscow in 2008, she could never have imagined that the ruble would lose more than half its value in a few short years. But Savelyeva’s $2,090 monthly instalments have skyrocketed in ruble terms due to the Russian currency’s… [Read More…]
Why the mortgage tax break isn't helping
For generations of U.S. homeowners, the tax deduction on mortgage interest has been a sacrosanct loophole that no one in Congress dare touch. But the collapse in interest rates is producing a bizarre and, so far, underappreciated result. It is making that loophole less and less valuable.
Hunt Mortgage Group Refinances a Multifamily Property Located in Canton, Georgia
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $6.75 million Freddie Mac CME seven-year variable rate loan to refinance a multifamily property located in Canton, …
Brett Arends's ROI: Why the mortgage tax break isn’t helping many taxpayers
Low interest rates mean that the mortgage interest tax deduction no longer benefits many middle-class homeowners.
Mortgage rates edge up from this year's lows
Fixed mortgage rates ticked up this week but remain near lows for the year, according to Freddie Mac’s weekly survey of lenders.
Average US 30-year mortgage edges up slightly
Average U.S. mortgage rates rose slightly this week but the benchmark 30-year low remained very close to the 19-month low hit last week. Mortgage company Freddie Mac said Wednesday that the nationwide …
Mortgage Rates Remain Near 2014 Lows
Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates edging slightly higher while remaining near their 2014 lows amid mixed housing and economic …
Bankrate: Streak of Lower Mortgage Rates Ends
NEW YORK, Dec. 24, 2014 /PRNewswire/ — Mortgage rates rose for the first time in seven weeks, according to Bankrate.com's (NYSE: RATE) weekly national survey. The benchmark 30-year fixed mortgage rate …
mortgage loan Rates Hover Near 4%
The Mortgage Bankers Association weekly report on mortgage applications noted an increase in the group's seasonally adjusted composite index for the week ending December 19.