Mortgage Rates for Tuesday June 28, 2011 fluctuate slightly higher for 30 Year Mortgage Rate as points creep up to 4.42%. Experts advise potential homebuyers concentrate on improving their financial status and and homeowners focus on raising the value of their properties with minor repairs at this time in anticipation of an improved market within the next three years or so.
Wednesday, June 29, 2011
Tuesday, February 8, 2011
Renewable Energy Tax Breaks
Mr. Obama has long been an advocate of renewable-energy credits, including a $3,000 tax rebate to retrofit homes that was part of the 2009 stimulus. His latest proposal includes more generous tax breaks and easier access to loans to fund retrofits, both intended to boost energy efficiency in commercial buildings by 20 percent by 2020.
HOME ENERGY EFFICIENCY IMPROVEMENT TAX CREDITS
Consumers who purchase and install specific products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in existing homes can receive a tax credit for 30% of the cost, up to $1,500, for improvements "placed in service" starting January 1, 2009, through December 31, 2010. See EnergyStar.gov's Federal Tax Credits for Energy Efficiency for a complete summary of energy efficiency tax credits available to consumers.
RESIDENTIAL RENEWABLE ENERGY TAX CREDITS
Consumers who install solar energy systems (including solar water heating and solar electric systems), small wind systems, geothermal heat pumps, and residential fuel cell and microturbine systems can receive a 30% tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.
HOME ENERGY EFFICIENCY IMPROVEMENT TAX CREDITS
Consumers who purchase and install specific products, such as energy-efficient windows, insulation, doors, roofs, and heating and cooling equipment in existing homes can receive a tax credit for 30% of the cost, up to $1,500, for improvements "placed in service" starting January 1, 2009, through December 31, 2010. See EnergyStar.gov's Federal Tax Credits for Energy Efficiency for a complete summary of energy efficiency tax credits available to consumers.
RESIDENTIAL RENEWABLE ENERGY TAX CREDITS
Consumers who install solar energy systems (including solar water heating and solar electric systems), small wind systems, geothermal heat pumps, and residential fuel cell and microturbine systems can receive a 30% tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.
Tuesday, December 28, 2010
Mortgage Rates: Wider Best Ex Range Seen. High Risk/High Reward Event Ahead
Lenders are actively quoting 4.75% to very well-qualified 30yr fixed borrowers, but 4.875% still looks more prominently offered.
Can you file bankruptcy if unemployed?
Some good tips for unemployed students with debt who see no way out of a financial situation.
Friday, August 20, 2010
Refinance Wave Economic Stimulus
At Tuesday’s summit on housing finance, Pacific Investment Management’s Bill Gross plugged a plan floated a few weeks ago that would allow millions of homeowners to refinance their mortgages at today’s rates, which are the lowest in generations.
Mr. Gross said the U.S. could easily refinance every current mortgage borrower, who is paying a rate above 5%, with a loan backed by Fannie Mae, Freddie Mac, and the Federal Housing Administration, returning tens of billions in savings.
Refinance Loan Rates, a web resource designed to help consumers reconsider the value of home refinancing saw a sudden surge of traffic on the site. What does this 30% increase in refinance rate search activity indicate? "All this talk seems to be drawing some attention from homeowners looking for mortgage payment relief." Says Mark Askew, web resource manager. "I say, let's keep talking about it."
Mr. Gross said the U.S. could easily refinance every current mortgage borrower, who is paying a rate above 5%, with a loan backed by Fannie Mae, Freddie Mac, and the Federal Housing Administration, returning tens of billions in savings.
Refinance Loan Rates, a web resource designed to help consumers reconsider the value of home refinancing saw a sudden surge of traffic on the site. What does this 30% increase in refinance rate search activity indicate? "All this talk seems to be drawing some attention from homeowners looking for mortgage payment relief." Says Mark Askew, web resource manager. "I say, let's keep talking about it."
Friday, February 26, 2010
Don't Make These Mistakes Seeking Legal Advice.
Don't make these mistakes seeking legal advice.
1. Getting charged an initial consultation fee
2. Spending your free consultation time trying to get info off your cell phone
3. Bringing only a verbal complaint to the office
4. Getting upset because you were not prepared for your free consultation session
Before you make the phone call or visit a legal office get prepared. How and save hundreds, even thousands in consultation fees. How? Visit our blog and get a free preparatory checklist for the following cases.
1. Class Action Lawsuits
2. Car Accident lawsuits
3. Divorce Negotiations
4. Injury Compensation
5. Lead Paint Illness
6. Mortgage Fraud
7. Home Foreclosuer
8. Faulty Consumer Products
9. Property Damage
10. Medical Malpractice
11. Business Bankruptcy
12. Personal Bankruptcy
13. Credit Card Fraud
It's practical, logical and free
1. Getting charged an initial consultation fee
2. Spending your free consultation time trying to get info off your cell phone
3. Bringing only a verbal complaint to the office
4. Getting upset because you were not prepared for your free consultation session
Before you make the phone call or visit a legal office get prepared. How and save hundreds, even thousands in consultation fees. How? Visit our blog and get a free preparatory checklist for the following cases.
1. Class Action Lawsuits
2. Car Accident lawsuits
3. Divorce Negotiations
4. Injury Compensation
5. Lead Paint Illness
6. Mortgage Fraud
7. Home Foreclosuer
8. Faulty Consumer Products
9. Property Damage
10. Medical Malpractice
11. Business Bankruptcy
12. Personal Bankruptcy
13. Credit Card Fraud
It's practical, logical and free
Monday, December 21, 2009
Feds Leave Rates At Record Lows
For sometime rates on home mortgage loans have been impacted by records lows. Many consumers and lenders wondered whether the feds would allow rates to rise during the holiday season. The Feds left short-term interest rates at record low levels. This leaves observers with a number of questions.
1. Does this mean the economy is making a turn for the better?
2. How will this stance impact home mortgage loans?
3. Will the stance help bolster the economy in 2010?
The Fed’s interest-rate committee voted unanimously yesterday to keep the key Fed funds rate unchanged in a zero- to 0.25-percent range. The central bank also said the U.S. economy is showing signs of life.
As a result, the Fed spoke of curtailing rate cuts and rate stays in the future and plans curtail moves that shower financial firms with the cash to make business and consumer loans. Termination of an initiative to pump $1.4 trillion into the home-loan market to drive U.S. mortgage rates down is said to occur by March 31.
1. Does this mean the economy is making a turn for the better?
2. How will this stance impact home mortgage loans?
3. Will the stance help bolster the economy in 2010?
The Fed’s interest-rate committee voted unanimously yesterday to keep the key Fed funds rate unchanged in a zero- to 0.25-percent range. The central bank also said the U.S. economy is showing signs of life.
As a result, the Fed spoke of curtailing rate cuts and rate stays in the future and plans curtail moves that shower financial firms with the cash to make business and consumer loans. Termination of an initiative to pump $1.4 trillion into the home-loan market to drive U.S. mortgage rates down is said to occur by March 31.
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