Tag Archive: down payment

Mortgage Rates Predicted to Increase in 2014 – What Can You Do?

May 21, 2014 by 2 Comments

The mortgage and housing industry has struggled to recover since the subprime meltdown six years ago. In the aftermath of the crisis, foreclosure rates hit an all-time high in many major cities across the nation; home sales came to a standstill in other markets; and banks saw an increase in their number of short sales and... View Article

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Does the Mortgage Interest Deduction Encourage Too Much Debt?

June 28, 2011 by Leave a comment

Narayana Kocherlakota, the President of the Minneapolis Federal Reserve spoke yesterday to the Tri-State Bankers Summit in Big Sky, Montana (the complete transcript can be found here).  The speech, titled “Re-thinking Leverage Subsidies”, was about the role that leverage played in the recession, and how the tax system should be reformed in order to discourage... View Article

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