Infographic: Homeowners Say Changing Homeownership’s Tax Incentives Restricts Mobility, Causes Financial Strain
WASHINGTON (December 12, 2017) – An overwhelming majority of homeowners would take advantage of the mortgage interest deduction and state and local property tax deductions if they were to purchase a new home, and a notable share said that the proposed changes to these tax incentives would affect their budget and desire to move in the future.
Changes in tax law may prompt homeowners to move to other states
By Kenneth Harney
Whether you already own a home or are thinking of purchasing, the tax legislation pending before Congress poses serious questions: Am I going to get smacked with punitive new taxes? Will the value of my home decrease because previous real estate tax benefits have been stripped away? Or am I one of the lucky ones, well insulated against big losses?
How Well Do You Know Real Estate? Time to Find Out
Is real estate a countercyclical sector? Answers to these and other questions in this WSJ quiz
By Jane Hodges
Real estate is an important component of the U.S. and global economies. For many Americans, homeownership doubles as a first investment. Beyond a primary residence, investors also can buy into the commercial real-estate market: Office buildings, multifamily housing, hospitals, parking lots, storage facilities, retail properties, call centers, distribution hubs, hotels and restaurants form a sector with its own economic ups and downs.
Five No Regrets Real Estate Buying Strategies To Avoid Missing-Out
By PJ Wade
In real estate, “the one that got away” stories get told and retold, usually with little satisfaction to the teller.
Mortgage Rates Inch Lower
MCLEAN, VA–(Marketwired – Nov 30, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the average 30-year fixed mortgage rate inching lower.
Lenders make it easier for first-time buyers to obtain mortgages
By Kenneth R. Harney
Here’s an important question for anyone who is hoping to buy a home next year but who isn’t quite confident about qualifying for a mortgage: Is it true that lenders have eased up on certain key requirements, making it simpler for first-time buyers and others who can’t pass all the strict tests to get approved?
Existing-Home Sales Grow 2.0 Percent in October
WASHINGTON (November 21, 2017) – Existing-home sales increased in October to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month, according to the National Association of Realtors®.
Data breach at Equifax prompts a national class-action suit
By Kenneth R. Harney
The scenario that personal finance and credit experts feared most about the heist of consumer data from Equifax may already be underway: Criminals are using the stolen information to apply for mortgages, credit cards and student loans, and tapping into bank debit accounts, filing insurance claims and racking up substantial debts, according to a major new class-action suit.