It could be as low as 2% on a 40 year amortization. Your modified payment will depend primarily on your Current Income. Therefore, lower income means lower rates. Interestingly, the traditional risk variables that would ordinarily determine your interest rate when applying for a loan are turned on their head with the Making Home Affordable [...]
Continue reading...Friday, October 23, 2009
Can I write off the mortgage interest and the property taxes paid for my second property which is a rental property for tax benifits. Both the properties are located in california. I also own an investment property outside california. Can I also write off the interest payment for that property.
Continue reading...Saturday, October 17, 2009
Are you having a hard time refinancing your loan? Have you noticed that interest rates are fluctuating like crazy? Well, unfortunately, the real estate market is going nuts these days trying to find the top, the bottom or just some sense of stability.Recent news coming out of Mortgage Finance magazine confirms that recent spikes in [...]
Continue reading...Sunday, October 11, 2009
I need to refinance my second/investment home in Milpitas California and I’m looking for a mortgage broker or a bank that offers lowest interest rate based on 700 or more fico score. Preferably a loan program with minimum monthly payment is preferred.
Continue reading...Saturday, October 10, 2009
Does the tax benefit of deducting mortgage interest and property taxes apply to California state taxes as well?
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Monday, October 26, 2009
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