Interest rates

  • Should Jumbo Mortgage Borrowers Receive Financial Help? by

    Jumbo mortgages are traditionally associated with luxury homes and other residential properties typically located in neighborhoods where higher costs of living tend to keep middle and working class house hunters away.

  • Survey of Economists Finds Fears of New Bubble by

    More than 100 forecasters in a national survey said they expect the home values to reach an average of 5.4 percent year-over-year and that current Federal Reserve policies post some risk of re-inflating the housing bubble.

  • Mortgage Interest Tax Deduction Debate Heats Up in Congress by

    It was a battle between economists and legislators. The mortgage interest tax deduction was deconstructed and dismantled during a meeting of the Joint Committee on Taxation of the U.S. Congress. This $100 billion annual deduction has come under heavy scrutiny due to the budget deficit and the ongoing sequestration.

  • U.S. Home Builders Appeal to Congress for More Housing Incentives by

    According to the National Association of Home Builders (NAHB), oversimplifying the tax code and reducing financial incentives for housing could hurt the American middle class and widen the gap between the super-rich and everyone else. Such was the testimony presented to the U.S. Congress by economist Robert Dietz on behalf of the NAHB.

  • Interest Rates Might Save the FHA from Financial Collapse by

    The fate of the Federal Housing Administration (FHA) has become a politically-charged issue in Capitol Hill. Since 2008, the FHA has taken on a significant amount of risk as the lender of last resort in the United States. If not for Fannie Mae, Freddie Mac and the FHA, the American housing market would have suffered an even more damaging collapse since it is unlikely that the private sector could have provided the financial guarantees that the government-sponsored mortgage investors have extended to borrowers over the last few years.

  • Is Wall Street Building Steam for the Next Real Estate Bubble? by

    Warren Buffet really opened up a can of worms when he made the statement in the Spring of 2012 that he would buy "a couple hundred thousand" single family homes and hold them for a long time, at low mortgage rates. The moment that statement came from his lips, every hedge fund in the Country decided they were going to get into the business of single-family homes, and they certainly have!

Poll

Should CFPB have more supervision over credit agencies?