WeeklyBasis 12/10/07: End Of Year Rate Overview

My alert to lock last week proved effective, as extreme volatility continues. Fixed and ARM rates opened this week .375% to .5% higher than last week. Last Wednesday, mortgage bond yields (that lenders use for rate pricing) were at 2-year lows, and today bond yields (and ARM but not fixed rates) are at the highest

Proposed Changes To Homeowner’s Tax Breaks

As the saying goes, “There are only two certainties in life: Death and Taxes.” But recently, even that seems uncertain. The tax part anyway. As you may have heard or read in the news, there’s currently a tax reform plan floating around Washington, DC that proposes changes to homeowners’ tax benefits. To be clear, it’s