Mortgage & Finance Articles

4,833 Posts
Benefits of Home Ownership
17 November, 2009| Home Buying, Mortgage & Finance
A Big Tax Deduction: One of the largest tax deductions available is the amount of interest paid on a mortgage. In fact, a $150,000 home at a 5.50% interest rate can add up to approximately $8,000 in f... read more
BANK FAILURE SCAM!
16 November, 2009| Mortgage & Finance, Safety & Security, Education
FDIC Warns Against Fake Bank Failure ScamSource: www.ConsumerAffairs.com E-mail claims that reader's bank has been seized. It's all too easy to believe these days that your bank has... read more
Senate approves extension of homebuyer credit
13 November, 2009| Home Buying, Mortgage & Finance
WASHINGTON — The Senate approved a $45 billion plan Wednesday to expand a tax credit for first-time homebuyers.  Under the bill, the $8,000 homebuyers' tax credit, slated to expire this month, wo... read more
Fed: banks need customer consent on overdraft fees
12 November, 2009| Mortgage & Finance, General, Education
New Fed rule will bar banks from charging overdraft fees without customer consent By Christopher S. Rugaber, AP Economics Writer On 4:02 pm EST, Thursday November 12, 2009 WASHINGTON (AP) -... read more
Attorney General Abbott Takes Enforcement Action A...
10 November, 2009| Foreclosures & Investments, Housing Market, Mortga...
  FOR IMMEDIATE RELEASENovember 10, 2009www.texasattorneygeneral.gov CONTACTPress Office at(512) 463-2050   Attorney General Abbott Takes Enforcement Action Against Dallas-area ‘Mortg... read more
States See Surging Sales, Moderating Prices
10 November, 2009| Home Buying, Housing Market, Mortgage & Finance
States See Surging Sales, Moderating Prices Most states continued to experience rising existing-home sales in the third quarter, with prices moderating in many metro areas, according to the latest sur... read more
Extension AND Expansion of the Tax Credit for Home...
10 November, 2009| Home Buying, Mortgage & Finance, Education
Last week, the U.S. Senate and House passed legislation that included an extension and expansion of the tax credit for homebuyers. President Obama signed the bill into law at the end of the week. Th... read more
FHA Loans vs. Conventional Loans
10 November, 2009| Home Buying, Mortgage & Finance, General
  FHA loans continue to be the loan of choice for the majority of first time home buyers, however, there is an upward trend where non first time home buyers are utilizing the FHA mortgage l... read more
FIND EXTRA MONEY JUST IN TIME FOR THE HOLIDAYS!
9 November, 2009| Mortgage & Finance, General, Education
Find $1,000 by the HolidaysErin Burt For Kipplinger.comFriday, October 9, 2009 Ready or not, the holidays are coming. With American pocketbooks and investment accounts under pressure... read more
Reduce Your Mortgage: 2 ways
8 November, 2009| Home Buying, Mortgage & Finance, General
One Additional Mortgage Payment a YearThere's a simple trick to significantly reducing the length of your mortgage and save you thousands of dollars. The trick is to make one extra mortgage payment... read more
Obama Signs Extended Tax Credit into Law
6 November, 2009| Home Buying, Housing Market, Mortgage & Finance
Expected to contribute approximately $22 billion to the economy, Congress overwhelmingly passed a bipartisan measure this week extending the $8,000 home buyer tax credit to April 30, 2010.The legislat... read more
Senate Approves Tax Credit Extension, Expansion
5 November, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
Senate Approves Tax Credit Extension, Expansion The Senate yesterday passed legislation to extend the $8,000 home buyer tax credit to May 1, 2010, for first-time buyers and add a $6,500 tax credit for... read more
On the Rise!
4 November, 2009| Mortgage & Finance, Education
The Commerce Department reported the Gross Domestic Product (GDP) for the 3rd Quarter. GDP rose by 3.5% for the first gain in a year and the strongest reading in two years. Hopefully this will continu... read more
How Will the Recession Turn Around?
2 November, 2009| Housing Market, Mortgage & Finance, Education
Many interrelated economic forces will have to reverse directions for the US economy to prosper. -Businesses must make profits.-Consumers must spend.-Financial, credit systems must operate normally.-H... read more
Tax Credit Extension News
28 October, 2009| Home Buying, Home Selling, Mortgage & Finance
Here is what I just received as the lastest news on the Federal Tax Extension for Homebuyers:While a final deal was not reached, there were encouraging signs that a deal is very likely.  It is mo... read more
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