Taxes

December 12, 2016

FHA to Increase Loan Limits for 2017

The Federal Housing Administration will increase its national loan limit “floor” to $275,665 in 2017 from $271,050. This limit is set at 65% of the national […]
December 9, 2016

Mindful Money: Keep Your Holiday Spending in Check

The overflowing expectations around the holidays can entice us to spend more than we can afford. Not only do we have bills to face once the […]
December 8, 2016

Mortgage Credit Availability Continues to Climb

Access to mortgage credit continued its recent upward trend in November.  The Mortgage Bankers Association said that its Mortgage Credit Availability Index (MCAI), increased by 1.6% […]
December 7, 2016

Existing Home Sales Hit 9-Year High in October

Sales of previously owned homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month […]
November 22, 2016

Modest Economic Growth Expected in 2017

The U.S. economy is expected to continue growing modestly in 2017, but the unknown about policies to be enacted by President-elect Donald Trump’s administration pose both […]
November 16, 2016

Is the Future of the CFPB at Stake?

Republican lawmakers and big names on Wall Street have been trying to weaken or abolish the Consumer Financial Protection Bureau since it was created more than five years […]
November 15, 2016

U.S. Mortgage Rates Rise Post Election

The average interest rate on U.S. 30-year fixed-rate mortgages rose to its highest level in five months with rising Treasury yields, according to mortgage finance agency […]
November 14, 2016

How Will Trump’s Win Affect the 2017 Mortgage Industry?

Rising interest rates will trigger a downturn in refinance activity in 2017, while purchase originations will rise, according to the Mortgage Bankers Association’s most recent industry […]
November 9, 2016

Consumer Become Pessimistic on Economy/Housing

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.  Fannie Mae reported that its Home […]