by Liz Ruggiero | Jan 3, 2022 | Consumer, Industry News, Latest News, News |
(TNS)—Q: I am having trouble getting approved to buy a condo due to my lack of credit. I do not use a credit card and have more than enough money saved up to purchase my new home without a mortgage. Because I have no debt, my credit score is low and I am being denied...
by Liz Ruggiero | Dec 30, 2021 | Industry News, Latest News, National, News |
(TNS)—In the Amazon age, consumers are more pampered—and less patient—than ever. Tap your phone and, voilà—hot food from your favorite restaurant arrives in minutes. High-end electronics appear on your doorstep in hours. However, the mortgage industry has yet to...
by Jesse Williams | Dec 28, 2021 | Consumer, Industry News, Latest News, News |
(TNS)—Buying a home has never been more expensive, but if you can find one you can afford, there’s some good news after you move in: You might be able to take advantage of the mortgage interest deduction to lower your tax bill. IRS rules regarding the mortgage...
by Jesse Williams | Dec 27, 2021 | Consumer, Industry News, Latest News, News |
(TNS)—Q: Our youngest sister lives with our 94-year-old mother and takes care of her. The family has agreed that she will be the sole owner of the property upon my mother’s demise. My sister is listed on the house deed along with my mother, and we were wondering if...
by Jesse Williams | Dec 20, 2021 | Consumer, Industry News, Latest News, National, News |
(TNS)—Inflation hit 6.8% in November, its loftiest level since the long-ago era of Reaganomics and America’s war on inflation. If prices continue to soar, mortgage rates will head higher, too. But there’s a silver lining to this cloud for borrowers as well. Today’s...