Tag Archives: news
Uncle Sam: PMI is tax-deductible
Congress recently passed the Protecting Americans from Tax Hikes Act of 2015, which includes a few temporary tax breaks for homeowners. Continue reading
Fed rate hike will hit HELOCs soon
Thanks to the Federal Reserve, HELOC borrowers are about to get higher interest rates and payments. Continue reading
2016 FHA loan limits released
The Federal Housing Administration announced its 2016 loan limits this week. Continue reading
FHFA conforming loan limits mostly unchanged
The conforming loan limit will stay at $417,000 for one-unit properties in most U.S. counties, the Federal Housing Finance Agency said Wednesday. Continue reading
Borrowers more satisfied with lending process
A new J.D. Power study shows that consumers are more satisfied overall with mortgage origination this year than in 2014. Continue reading
FHA tweaks condo approval rules
The Federal Housing Administration has made changes to its condo rules to expand the availability of affordable housing options. Continue reading
What ‘yuge’ job gains mean for mortgage rates
The U.S. economy added a whopping 271,000 jobs in October, according to the Bureau of Labor Statistics. Continue reading
Existing-home sales bounce back
Existing-home sales rose by 4.7% from August to September, according to data from the National Association of Realtors. Continue reading
Home affordability gets a little better
Buying a home is at the most affordable level since Q1 2013, according to new data from RealtyTrac. Continue reading
