Tag Archives: federal government debt

Mortgage Interest Rates Near Record Lows

With a deal to raise the federal government debt ceiling combined with depressing news about America’s lack of economic growth and employment, there’s a flight to safety. Institutions don’t want to invest in the stock market right now. Instead, they’re … Continue reading

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Cutting The Mortgage Interest Deduction To Reduce The Federal Government Debt

Among the proposals to raise tax revenues is the elimination of the mortgage interest deduction. On the face of it, this deduction seems unfair. Interest rates on student loans or credit cards or car loans are not deductible. What’s so … Continue reading

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Mortgage Rates Flat

Despite all the hubbub about the approaching Aug. 2nd deadline to raise the federal government debt ceiling, financial markets have stayed stable. Failure to raise the debt ceiling was expected to raise mortgage interest rates by nearly a percentage point. … Continue reading

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