The housing market is on firmer ground today, as two major tax provisions survived the "fiscal cliff," CNBC reports. Congress did not touch the mortgage interest deduction, and it extended tax relief for one year on mortgage debt forgiveness.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!
It’s no secret that high volume refinancing is dead—at least for now. To some degree, it feels as though we’ve been living in an incredibly protracted refinance cycle (when we weren’t in the death spiral of 2007 – 2011, of course). Read More