There was plenty of discussion and debate leading up to the New Year's looming "fiscal cliff". Ultimately, the event was avoided, but not before legislation was passed which may benefit homeowners in Scottsdale and nationwide. If you have yet to file your 2012 taxes, take a minute to review the tax limitations and credit … [Read more...] about Tax Breaks Granted By The 2012 Fiscal Cliff Negotiations
Fiscal Cliff
What’s Ahead For Mortgage Rates This Week : January 7, 2013
Mortgage rates in Phoenix rose during the first week of 2013. The fiscal cliff crisis was resolved prior to the market's opening Wednesday, when legislators voted to approve a deal. While many tax cuts were extended for taxpayers earning less than $450,000 annually, other facets of the fiscal cliff issue are yet to be addressed, … [Read more...] about What’s Ahead For Mortgage Rates This Week : January 7, 2013
What’s Ahead For Mortgage Rates This Week : December 31, 2012
Mortgage bonds improved last week, pushing mortgage rates lower in Arizona and nationwide. Positive economic news and strong housing data was trumped by ongoing Fiscal Cliff discussions on Capitol Hill. The "Fiscal Cliff" is meant to represent January 1, 2013 -- the date on which mandatory spending cuts are enacted by Congress … [Read more...] about What’s Ahead For Mortgage Rates This Week : December 31, 2012
What’s Ahead for Mortgage Rates This Week: December 24, 2012
Mortgage markets worsened last week amid ongoing discussions budget and tax conversations in Washington, D.C., and the release of key housing and economic data. Mortgage rates climbed in Nevada and nationwide. Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.37 percent nationwide for borrowers willing to … [Read more...] about What’s Ahead for Mortgage Rates This Week: December 24, 2012
What’s Ahead For Mortgage Rates This Week : December 10, 2012
Mortgage bonds worsened last week as Fiscal Cliff talks moved closer to resolution and as the U.S. economy showed continued signs of growth. Conforming mortgage rates in Nevada rose slightly, edging off the all-time lows late in November. According to Freddie Mac's weekly mortgage rate survey, the average 30-year fixed rate … [Read more...] about What’s Ahead For Mortgage Rates This Week : December 10, 2012
