Feb 15th 2011 12:13PM
Deciding to buy a home is one of the biggest decisions most people make. But knowing when to pull the trigger on that decision burdens it with much fear and insecurity. AnnaMaria Andriotis at SmartMoney.com reports on why recent events in Washington have brought some clarity to the issue and why the signs all point to... Continue Reading »
Jan 12th 2011 1:35PM
A court foreclosure ruling in Massachusetts last week will definitely influence the way banks deal with foreclosures in the future, but it could also button up home lending for the rest of us. The highest court in Massachusetts basically told two banks that they had no legal right to foreclose on two homes since they... Continue Reading »
Dec 6th 2010 4:35PM
In case you missed it, The National Commission on Fiscal Responsibility and Reform, released its recommendation last week, including the proposed elimination or limitation to the mortgage interest deduction ("MID") for homeowners. In brief, the commission proposes to limit the mortgage interest deduction to only... Continue Reading »
Sep 10th 2010 8:32AM
If the 30-year fixed-rate mortgage is on its way out, as I declared in Part 1 of this series, many more Americans will be living in rentals. So let's take a brief look at what the future of rentals might look like, since many of you reading this now will be renting for a lot longer than you ever imagined: Continue Reading »
Sep 8th 2010 9:14AM
The 30-year fixed rate mortgage, the foundation of the American housing market, may be on the endangered species list, thanks to the Obama administration. Based on recent observations, the Obama administration seems committed to moving American housing policy away from homeownership toward rentals. They would do this by:... Continue Reading »
