Does anyone know where I can find out the current mortgage rate averages for my geographic area? I’m looking at possibly refinancing and want to know if it would be worthwhile. Also, can I expect any costs when trying to refinance?
I am a 1st time home buyer and am in a high tax bracket (33%). I am considering whether I should accept points and buy down the rate and claim all the points (approx $ 11,000) in the current year when I file my returns next year? This is not a refinance mortgage.
I’m looking to get the best current mortgage rates available because me and my wife are looking for our first home purchase. Can anyone point me in the right direction?
I am doing a reading, and it would be of great help, if you guys could provide some of these answers. cheers Discuss the similarities and differences between the contraction of the housing market during the Great Depression and the current mortgage crisis. In both periods, the contraction of the housing market resulted in severe [...]
I’d like to buy new construction as a result of the great mortgage rates right now. However, by the time I’d close on my house in December, it could be a totally different ballgame and rates could go through the roof. It seems to me, then, that low mortgage rates only help people refinancing or [...]
Mar 062012
In the push to “get the government off our back” and “let the free market do its job,” Washington eliminated virtually all regulations on energy companies, and later did the same thing on mortgage providers (and more specifically, those who buy and sell mortgages). Energy deregulation led to Enron and skyrocketing consumer prices. Mortgage deregulation [...]
I’m planning to relocate, but current owe a mortgage for $ 50k. I also have a bankruptcy on my record thats a couple of years old. I’d like to find new home in the state I choose to live in. Would I be able to get a second mortgage or refinance my current home in [...]
I want to put up a trampoline. I rent my current home and was wondering if I needed to purchase any sort of insurance in order to legally put it up?
Assume my home insurance policy has $ 200,000 dwelling coverage, but my home is only worth $ 130,000. If my home burns down, will they rebuild up to a $ 200,000 home or only replace what my home was? For example, if my current home only has 1 garage stall, would they build my new [...]
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