Tag Archives: mortgage
Tax break for underwater homeowners
A key tax break for underwater homeowners considering short sale was extended as part of Congress’s fiscal cliff deal. The Mortgage Forgiveness Debt Relief Act, which was signed into law in 2007, exempts homeowners from having to pay federal taxes on… Continue reading
Housing won’t fall off cliff
The housing market still faces headwinds with the upcoming national debt limit debates. Continue reading
Another mortgage settlement?
The deadline to apply for a foreclosure review coincides with reports that regulators are negotiating a multibillion-dollar settlement. Continue reading
10 priciest cities for renters
Think you’re paying too much for rent? Check out how much renters in these cities have to pay. Continue reading
Should you buy in 2013?
Positive signs in the housing market are green flags for buyers and sellers. Continue reading
Forecast for mortgage rates
The Fed’s bond-buying extension and the “fiscal cliff” will impact mortgage rates. Continue reading
Bad loans will linger in 2013
The housing market may be improving, but the volume of mortgages that are past due remains high. That won’t change much in 2013. Continue reading
November jobs report: Surprise!
The jobs report wasn’t as bad as people expected — but don’t start jumping up and down just yet. Continue reading
Foreclosures drop, for now
Don’t look past the clouds just yet — the recent drop in foreclosure starts may be due to an administrative change. Continue reading
Foreclosure evictions suspended
Fannie Mae and Freddie Mac will provide a short break for homeowners facing foreclosure during the holidays. Continue reading