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Mortgage News for Saturday - March 5, 2005

More Mortgage News
• Savings are under your nose -- at home
• Questions for house buying
• Credit reports offered for free
• Identity theft easy; repairing its harm nearly impossible
• Weather soaks home sales
• Details: Comparing costs of home loan options
• Aspiring homebuyers should protect themselves
• As housing booms, creativity blooms in mortgage market
Mortgage News
Savings are under your nose -- at home - 2005-03-05
Your home, your kids, your car -- all can be expensive, but they also can generate significant tax benefits.

Tax laws coversreams of breaks designed to help people send their kids to college, purchase a home, buy health insurance and make many other ordinary tasks a little more affordable.

Many of the benefits start to add up for homeowners, who find their mortgage interest deduction takes a big bite out of their tax bill.
Read the full story at Detroit News
 
Questions for house buying - 2005-03-05
The best antidote to fear of home purchasing is knowledge, according to Janet Wickell, author of Top Tips for First Time Home Buyers featured on homebuying.about.com.

Approach real estate agents about typical situations or speak with bank loan officers and mortgage brokers. Make it clear you are merely seeking information, not hiring them.
Read the full story at Detroit News
 






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