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

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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

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2016 FHA loan limits released

The Federal Housing Administration announced its 2016 loan limits this week. Continue reading

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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

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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

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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

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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

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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

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Student debt is a homebuying obstacle

More than half of consumers say student loan debt is at least somewhat of an obstacle to buying a home, according to a new survey. Continue reading

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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

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