by karendouglas | Mar 16, 2018 | Buying a Home
The country’s new tax laws, ushered in by President Donald Trump and his Republican counterparts late last year, will bring many changes to the mortgage industry. Namely, the Tax Cuts and Jobs Act reduces the available mortgage interest deduction from $1...
by karendouglas | Jan 18, 2018 | Buying a Home
As a home buyer, you’re likely going to obtain a home mortgage. Many of us look at the interest rates for a mortgage and compare them to find the lowest cost mortgage. However, mortgage interest rates do not take into account the entire cost of a home loan. ...
by karendouglas | Dec 13, 2017 | Housing Predictions, Video Diary
While each chamber of Congress recently approved a version of new tax regulations, the direction is clear. We are in for a whole new era of taxes. While I would strongly recommend consulting a tax consultant, I do want to give you an idea of how I understand this will...
by karendouglas | Dec 2, 2017 | Buying a Home, Video Diary
A common question people wonder is whether to use a broker or banker for their mortgage? As far as rates go, they are very comparable. It is commonly misjudged that brokers have higher rates but this is not accurate. Brokers do get a commission but their fees come out...
by karendouglas | Oct 22, 2017 | Buying a Home
The process of understanding mortgages and choosing the right one, then taking out a home loan can be daunting, particularly if you’re a first time home buyer. It’s essential to do as much research as possible to understand all the options and possibilities you have...