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Las Vegas Mortgages

The ongoing mortgage freeze will continue to affect real estate activity in most cities throughout the country.  The private secondary market disruptions were the issue several weeks ago and those problems have had impact on conforming loans.  Mortgage originators are unable to sell “Alt-A” mortgages, which allows for those companies to replenish the cash needed […]

Private Mortgage Insurance

Private mortgage insurance has always been a way for homebuyers with lower down payments to qualify for mortgages.  By “insuring” their mortgages, they have been able to buy attractive interest rates and loan programs.  But the cost of PMI has been expensive, and that expense has never been a deduction from Federal income taxes.  In […]