The New Tax Law: The Mortgage-Interest Deduction

Mortgage-Interest

From the Wall Street Journal: The tax overhaul contains new curbs on deductions for mortgage interest, both indirect and direct. For 2018, millions fewer filers will benefit from deducting mortgage interest on Schedule A because of the near-doubling of the standard deduction to $24,000 for married couples and $12,000 for singles. Instead, they will opt […]

What’s the key to housing stock growth?

housing

In December, new housing construction dropped 8.2 percent to the lowest level in more than a year —  a piece of unwelcome news for economists, real estate professionals and buyers looking for a reprieve from home prices that have risen to all-time highs. It’s a no-brainer that new residential construction is the key to slowing home price growth, but how can […]

$9 Trillion Lost In Housing Market Value Has Been Found

Housing Market

The American housing market has gained back all $9 trillion in value that was lost when the market collapsed, but the uneven nature of the crisis and subsequent recovery has left many housing markets trailing behind, while others surge further ahead. More than half of the nation’s largest housing markets have regained all of the […]

7 Housing and Mortgage Trends to Monitor in 2018

mortgage trends

2018 is showing some signs that it will be challenging, especially for home buyers. Rising  mortgage rates are likely to reduce affordability. Check out these 7 trends in housing and mortgage to expect in 2018. More equity, more HELOCs As home values rise, homeowners across the country gain equity. That’s why banks expect millions of […]