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Fiscal Cliff Bill Addresses Key Housing/Real Estate Issues
The Senate bill that finally passed the House by a 259-167 vote extended a number of federal tax code provisions that are important to homebuyers, sellers, builders and real estate professionals. For huge numbers of financially distressed owners of homes with underwater mortgages, this was the biggest issue in the entire fiscal cliff debate. The […]
Interest Rates Hit Historic Lows…Again!
You know, one day we will look back and think, “why didn’t I care more when interest rates were so insanely low?!” I bet people who purchased in the 80’s who dealt with interest rates around 15% would appreciate our 3.84%! Rates on 30-year fixed-rate mortgages averaged 3.84 percent with an average 0.8 point for […]