The following links provide useful information regarding home mortgages.
Historic Mortgage Rates
Historically interest rates cycle up and down throughout the year. Take a look back through recent history to view the cyclical nature of home mortgage interest rates.
History of 30 year fixed rate mortgages since 1971:
History of 15 year fixed rate mortgages since 1991:
History of 1 year Adjustable Rate Mortgages (ARM's) since 1984:
Freddie Mac weekly mortgage rate survey:
Below are a few links regarding IRS information that we believe you might find useful.
We suggest you use these as one of many sources to help you make educated decisions regarding your financial needs, and the tax ramifications associated with your decisions.
523 - Selling Your Home:
527 - Residential Rental Property:
530 - Tax Information for First Time Home Owners:
936 - Home Mortgage Interest Deduction:
559 - Survivors, Executors, and Administrators (Info on Gift Funds and Gift Taxes):
504 - Divorced or Separated Individuals:
Topic 504 - Home Mortgage Points:
Mortgage Forgiveness Debt Relief Act of 2007: