recent posts 2009 Mortgage Interest Deducti... Posted by yourmortgageplanner on 12 8th, 2009
For many American homeowners, interest paid on a mortgage is tax-deductible in the year in which it was paid. Knowing that, eligible homeowners can increase their 2009 tax deductions just by making their January 2010 mortgage payment before the...
Mortgage Rate Chart Month Of N...
Mortgage Rate Chart Month Of November
Posted by yourmortgageplanner on 12 4th, 2009
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Good News For The Unemployed B... Posted by yourmortgageplanner on 12 4th, 2009
This morning’s jobs report is causing mortgage rates to rise, capping a week during which rates have already jumped 3/8 percent off all-time lows. The government’s November Non-Farm Payrolls report reinforced the notion that the...
Mortgage Rate Forecast Week Of... Posted by yourmortgageplanner on 11 30th, 2009
Mortgage markets improved last week on stronger-than-expected economic data and safe haven buying. The holiday-shortened trading week amplified what should have been modest gains into large ones. Conforming mortgage rates dropped by about a quarter-percent...
Why Mortgage Rates Are Back To... Posted by yourmortgageplanner on 11 27th, 2009
Home affordability improved this week after the Federal Reserve released its November 3-4, 2009 meeting minutes. The FOMC Minutes is a companion to the Federal Reserve’s post-meeting press release. It’s released 3 weeks after the...
Mortgage Rates This Week : Nov... Posted by yourmortgageplanner on 11 23rd, 2009
Mortgage markets worsened last week on a mixed bag of economic data.  Inflation data came in soft, but so did the start of the holiday shopping season. For the first time in a month, mortgage rates worsened last week, adding roughly 0.125 percent...
recent from Mortgage Rates Mortgage Rate Forecast Week Of December 7, 2009
Mortgage markets finally reversed course last week, selling off with fury and causing prices to plummet. When bonds prices fall, rates rise. The action broke a multi-week winning streak, much to the disappointment of rate shoppers everywhere. Rate hikes came in stages. First, early in the week, mortgage...
recent from First Time HomeBuyer First-Time Home Buyer Tax Credit It’s Official (Video)
Obama signed the First-Time Home Buyer Tax Credit today. Congress both extended and expanded the First-Time Home Buyer Tax Credit program Thursday. The up-to-$8000 tax credit’s expiration date has been pushed forward to spring, requiring homebuyers to be under contract by April 30, 2010,...
recent from FHA FHA Streamline Refinance Program Updates
Consider this a last call for FHA Streamline Refinances.  Starting next Tuesday, the popular rate-lowering program gets strict on borrowers. There’s 5 days left. Under the current streamline refi guidelines, FHA homeowners have minimal program eligibility requirements. FICO scores must be 620...
recent from Financial Awareness 2009 Mortgage Interest Deduction
For many American homeowners, interest paid on a mortgage is tax-deductible in the year in which it was paid. Knowing that, eligible homeowners can increase their 2009 tax deductions just by making their January 2010 mortgage payment before the end of the year. By paying in 2009, the mortgage interest paid...