Roundup: Real Estate and Mortgage 1-23-2007
50- PMI, Tax Deductable?
The law changed as of January 1, 2007. PMI may be more attractive than a 2nd mortgage. - Words Matter
Great LA times article about words in the listings and how they affect selling times. For example, a Canadian professor, as part of a broader study on real estate sales patterns, found that homes where the seller was "motivated" actually took 15% lo - $1 Trillion in ARMS
25% increase in ARMs expected on $1 trillion in loans. Ouch! That's a lot of money.
Etrade Mortage Rates 1-23-2007
- 30-Year Fixed
- 6.250%
- 6.318%
- 15-Year Fixed
- 6.125%
- 6.246%
- 7-Year ARM
- 6.000%
- 6.858%
- 7-Year Int Only
- 6.125%
- 6.930%
- 5-Year ARM
- 6.000%
- 7.038%
- 5-Year Int Only
- 6.125%
- 7.098%
- 3-Year ARM
- 6.000%
- 7.266%
- 6-Month Int Only
- 5.875%
- 7.134%
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