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 Phoenix and nationwide. If you have yet to file your 2012...
Mortgage rates in Tempe 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,...
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...
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 Arizona and nationwide. Freddie Mac reported the average 30-year fixed rate...
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 Arizona rose slightly, edging off the all-time lows late in November. According to Freddie Mac's...
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