Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on the new tax deduction for paying interest on vehicle loans. (Get a free issue of The Kiplinger Tax Letter or subscribe.) 1. What are the […]
Ask the Tax Editor: Car Loan Interest Deductions Read More »
Many lenders offer cash-in-pocket incentives for you to switch your loan over. Here’s what to know. It might not feel like it if you’re a hopeful home buyer banging your head against the Household Expenditure Measure or the serviceability buffer, but lenders really do want your business. Introductory rates, offset accounts and low fees are
Top Home Loan Cashback Offers & Refinance Deals Read More »
Both the FHFA and the S&P CoreLogic Case-Shiller indices released new home-price data this week covering the month of August. The message is unchanged: prices remain higher than a year ago, but the pace of appreciation continues to slow. Case-Shiller’s national annual gain eased to 1.5%, the smallest in more than 2 years, while FHFA
Home Price Appreciation Keeps Cooling; New Loan Limits Coming Into Focus Read More »
With the growing popularity of non-QM mortgage programs, our website generates a steady flow of high-quality leads from borrowers who don’t fit into conventional lending guidelines. The only challenge? We need more dedicated professionals to help us serve them. Why We’re Hiring Now The mortgage market has shifted, and more borrowers are seeking alternative financing
Join MortgageDepot: Exciting Career Opportunities For Loan Officers Read More »
It’s a dizzying time for millions of students and parents who borrowed for college through the federal college loan system. In 2024 and then in 2025, litigation against a highly popular federal student loan option got swept up into a court battle and “The One Big Beautiful Bill Act” that President Donald Trump signed in
A Highly Popular College Loan is in the Crosshairs Read More »
KEY TAKEAWAYS The Department of Education has temporarily paused student loan forgiveness under the Income-Based Repayment plan to comply with a court injunction. Some borrowers have finished the required payments to qualify, but must wait until forgiveness is reinstated. Borrowers are frustrated as they wait in limbo, unaware if they will receive forgiveness before the
Student Loan Borrowers Flounder Without Access to Forgiveness Read More »
KEY TAKEAWAYS Although millions of student loan borrowers are behind on their payments, a quarter of borrowers are confident they will pay off their loans this year. Older borrowers are more pessimistic about their student loans, and more of them say they will never be free from their student debt. Since the Department of Education
A Quarter Of Student Loan Borrowers Expect To Pay Off Their Debt This Year Read More »
Bridge Loan, Investment Property, Default Tools; Training and Webinars; Job Data Solidifies Fed Rate Cut? The Fed looks at Twitter to gauge the financial sentiment out there? Yes: TFSI! The Federal Reserve certainly finds itself in a maelstrom these days… it’s as if we have nothing else to talk about. This weekend Robbie
We work with veterans and active-duty service members every day to help them achieve the dream of homeownership. VA loans offer incredible benefits, but there are specific rules you need to know, especially if you’re planning to use rental income to qualify. PITI Reserve Requirements for Rental Income When a VA borrower is purchasing a
VA Loan Rules For Using Rental Income – What You Need To Know Read More »
Loan Calculator and Verification Tools; Event Calendar; Insurance Costs; Mortgage Banking Bound Interview “The hardness of the butter is proportional to the softness of the bread.” Proportionality is important, whether in a restaurant or in a lender watching adjustable-rate loans (where the market favors credit unions and banks). With short-term rates dropping relative