Mortgage rates continue to climb, with fixed-rate mortgages reaching the highest level since Sept. 2003. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 11:02:51 PM
Content source: http://us.rd.yahoo.com/dailynews/rss/search/mortgage+information/SIG=12f6fhebl/*http%3A//www.thebostonchannel.com/money/5304385/detail.html?rss=bos&psp=money
WASHINGTON — A Republican lawmaker said changes to the mortgage interest deduction won’t get through Congress. Rep. Jerry Weller of Illinois said he has enough support to kill the idea in the House Ways and Means Committee if it even gets that far. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 9:53:51 PM
Content source: http://us.rd.yahoo.com/dailynews/rss/search/mortgage+information/SIG=12ffkosnm/*http%3A//www.thebostonchannel.com/money/5300672/detail.html?rss=bos&psp=money
No end to real estate boom says Harvard report
While many speculators have pitched the idea of a real estate bubble that they claim is ready to burst, Harvard University economists recently released a report stating the exact opposite, according to a Washington Post article. The report states that housing prices have been rising steadily over the last 13 years, with the largest increase being in 2004, says the Joint Center for Housing Studies. There are some negative side effects, of course, to rising housing prices: Increased property taxes, which some cities are trying to reign in, and increased prices for the would-be first-time homebuyer make it harder for them to own, according to CNN/Money. Prices are not likely to fall anytime soon, according to the report.
-John Mudd
“Mr. Real Estate”
Contact John now to find and buy, or sell luxury homes, luxury condos or commercial investment property!
www.stepstohomebuying.com
Originally Posted on 11/18/2005 9:07:47 PM
Content source: http://insiderealestatejournal.blogspot.com/2005/06/no-end-to-real-estate-boom-says.html
Low interest rates and a condominium building boom have been fueling ‘flipping’ — when investors buy condos and sell them for a quick profit. The gains can be huge but so can the risks. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 7:59:52 AM
Content source: http://www.realestatejournal.com/buysell/tactics/20051110-cullen2.html?mod=RSS_Real_Estate_Journal&rejrss=frontpage
It’s the question every homeowner and prospective homebuyer has: Is this the right time to act? Real-estate journalist and author June Fletcher was online to discuss the future of the housing market. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 7:30:51 AM
Content source: http://www.washingtonpost.com/wp-dyn/content/discussion/2005/11/09/DI2005110901298.html?nav=rss_realestate
Rates on 30-year mortgages stayed at more than 6 percent for the third consecutive week, rising to the highest level in 15 months. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 6:32:45 AM
Content source: http://www.washingtonpost.com/wp-dyn/content/article/2005/10/28/AR2005102800783.html?nav=rss_realestate
Is there really any chance that Congress could take away the tax deduction for mortgage interest? How about the deductions for and state and local property and income taxes? more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 5:19:44 AM
Content source: http://www.washingtonpost.com/wp-dyn/content/article/2005/10/28/AR2005102800828.html?nav=rss_realestate
Washington Post staff writers Ylan Q. Mui and Michael Rosenwald discussed the Washington area’s new breed of homebuyers: young adults in their twenties and earlier thirties who are fearful of being priced out of the market if they don’t buy now. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 4:50:42 AM
Content source: http://www.washingtonpost.com/wp-dyn/content/discussion/2005/10/21/DI2005102101016.html?nav=rss_realestate
Ben S. Bernanke does not think the national housing boom is a bubble that is about to burst, he indicated to Congress last week, just a few days before President Bush nominated him to become the next chairman of the Federal Reserve. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 4:05:42 AM
Content source: http://www.washingtonpost.com/wp-dyn/content/article/2005/10/26/AR2005102602255.html?nav=rss_realestate
None of us likes to hear the bad news that we paid too much for our house. Or that our neighborhood is 20 percent overvalued and prone to downward adjustment. more…
www.stepstohomebuying.com
Originally Posted on 11/18/2005 3:38:41 AM
Content source: http://www.washingtonpost.com/wp-dyn/content/article/2005/10/21/AR2005102100824.html?nav=rss_realestate
