Mortgage rates take a tumble
Mortgage rates retreated from a two-year high this week, brought down by signs that the economy is cooling, Freddie Mac reported Thursday.
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Mortgage rates follow home prices down (The Kansas City Star) The benchmark mortgage rate has fallen in five of the last six weeks, and home prices are falling as well.read more...
Haines City CRA Board to Rethink Plans HAINES CITY - With the anticipated loss in revenue because of the tax reform bill, members of Haines City's Community Redevelopment Agency board have been asked to prioritize projects. read more...
Washington events for May 30 - June 3 Trading Shots If rates don't kill the housing boom, what might? Plus, how to hedge the bubble.via
FOR SOME, DEDUCTING MORTGAGE INTEREST MAY BE OVER- VALUED: Homeowners' tax break could end (The Charlotte Observer) President Bush's tax-overhaul commission is considering an idea to eliminate the vile alternative minimum tax by, among other things, trimming the break homeowners get on mortgage interest.read more...
I-Team 10 follow up: Third man admits guilt in property flipping scheme A third man has admitted his role in a property-flipping scheme that ripped off banks and taxpayers.read more...
Real Estate People TALLAHASSEE | Cozy relationships between title insurance companies and real estate agents, builders and lenders, and the question of who ends up with premium dollars were at the heart of