Tag Archive
8 myths about the mortgage deduction
One of the most sacred cows in the U.S. real estate market is the mortgage interest deduction available to taxpayers who itemize deductions on their federal income tax returns. This tax provision is traditionally viewed as one of the key elements favoring housing as an investment in the virtually impenetrable U.S. tax code. »
Mortgage application process has new rules
Consumers should be aware and prepared for the changes in the mortgage application process, said Dale Siegel, author of the book The New Rules for Mortgages. »
Pennsylvania plays it S.A.F.E.
Pennsylvania has adopted new rules to put the commonwealth in compliance with federal mortgage regulations, known as S.A.F.E. »
Webinar: Educate your clients on today’s mortgage financial climate
Scott Einbinder, a nationally known speaker, discusses the current financial mortgage climate and how REALTORS® can help educate their clients to get the financing they need in this webinar. »
Now is generally the best time to refinance
There is a game played in the financial community: predicting changes in interest rate levels. This is a dangerous game to win but people always try, thinking they are smarter than others playing the game, or that this time, fate is with them and they will succeed. »
Program helps Pennsylvania homeowners
The Homeowners’ Emergency Mortgage Assistance Program (HEMAP) was created by Act 91 of 1983 by the Pennsylvania Housing Finance Agency. The program aims to protect families who are financially unable to make their mortgage payments and face foreclosure. »
Financial pain is spread unevenly in mortgage crisis
A recent Associated Press study reports that as many as one-third of borrowers possess unaffordable mortgages. This finding shields the growing inequality across America by race, income, education, and other social factors. »













