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 | Mar 9, 2018 | Buying a Home
Mortgage Credit Certificate Program for first time homebuyers survives the new tax reform! A Mortgage Credit Certificate gives qualified home buyers a dollar for dollar tax credit for part of the mortgage interest paid each year. It directly reduces a homeowner’s...
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 20, 2017 | Housing Predictions, Video Diary
As we’ve all waited several weeks to hear of the final version of the massive tax law changes, Congress has finally come to an agreement. As it relates to the real estate industry, the biggest impact is that the mortgage interest tax deduction will exist up to...
by karendouglas | Dec 14, 2017 | Buying a Home
When you apply for a mortgage, it’s potentially one of the most important things you will ever do. Most people require a mortgage in order to finance a house. Because buying a home is one of the greatest investments you will make in your life, it’s important...