Mortgage debt tax break expires, but likely to be extended
As Jan.1 rolled around, Congress failed to extend a 6-year-old federal law that allowed homeowners to avoid liability for federal income tax on debt...
US pending home sales rise 0.2 percent
Signed contracts to buy existing homes rose slightly in November, breaking a five-month negative streak, according to the National Association of Realtors. Pending homes...
Fannie, Freddie give non-investor home buyers ‘first look’ period
During the 20-day period, investors will be excluded from submitting bids for homes that Fannie Mae and Freddie Mac are selling. WASHINGTON — An...
New Mortgage Rules Won’t Knock Out Many Borrowers
Are you in the market for a house and worrying about whether it will be harder to get a mortgage after Jan. 10, when...
One big change that will make it harder to get a mortgage after January 10th
Of all the mortgage rule changes coming in January under Dodd Frank, this one affects you the most if you want a new mortgage...
Effective January 1, 2014, Public Act No. 13-272 will require working smoke and carbon monoxide detectors in certain buildings at the time title is transferred.
In Summary… This act, with exceptions, requires a seller, before transferring title to a one- or two-family dwelling for which a new occupancy building...