News for Realtors

The average rate for a 30-year fixed-rate mortgage hit its highest point since April 2014 and moved marginally higher from last week's average 4.38%. [...]
Thu, Feb 22, 2018
In a response to "many questions," the IRS ruled that secondary home loans - equity loans, home equity lines of credit and second mortgages - are still deductible after tax reform if borrowers use the funds for home improvements. [...]
Thu, Feb 22, 2018
An escalation clause can help buyers pay the minimum amount needed to outbid other offers, but paying a higher price could affect their mortgage options. [...]
Thu, Feb 22, 2018
A board president owns most units in a co-op and offers an owner less-than market value with a threat to disapprove any other potential buyers. Can he do that? [...]
Thu, Feb 22, 2018

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