U.S. News & World Report – American consumers hate being told what to do, and to prove it, we routinely make choices that are irrational and counterproductive. We make impulse purchases we can’t afford. We build bigger houses than we need, chaining ourselves to an onerous mortgage for years. We drive rugged, four-wheel-drive vehicles even though we never leave the pavement. We buy Snuggies.
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AP – Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.
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U.S. News & World Report – The Federal Housing Administration (FHA) is developing a new reverse mortgage product that sharply cuts up-front payments by home owners but also significantly reduces the percentage of a home’s equity that can be paid to owners under the program. Reverse mortgages insured by the government are available on homes where the youngest owner is at least 62 years old. The program is called a Home Equity Conversion Mortgage (HECM).
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AP – As Minnesota governor, Independence Party candidate Tom Horner says he would “take a hard look” at tax exemptions and deductions, including mortgage interest for homeowners.
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AP – As Minnesota governor, Independence Party candidate Tom Horner says he would “take a hard look” at tax exemptions and deductions, including mortgage interest for homeowners.
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AP – As Minnesota governor, Independence Party candidate Tom Horner says he would “take a hard look” at tax exemptions and deductions, including mortgage interest for homeowners.
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AP – As Minnesota governor, Independence Party candidate Tom Horner says he would “take a hard look” at tax exemptions and deductions, including mortgage interest for homeowners.
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AP – As Minnesota governor, Independence Party candidate Tom Horner says he would “take a hard look” at tax exemptions and deductions, including mortgage interest for homeowners.
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AP – As Minnesota governor, Independence Party candidate Tom Horner says he would “take a hard look” at tax exemptions and deductions, including mortgage interest for homeowners.
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AP – As Minnesota governor, Independence Party candidate Tom Horner says he would “take a hard look” at tax exemptions and deductions, including mortgage interest for homeowners.
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