Buyers Should Shop for the Best Rate
With mortgage rates remaining low, home buyers should shop around and even bargain because lenders have bigger margins than before the recession and more wiggle-room to offer a better rate.
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Calculating the New Medicare Tax
Although there is a new Medicare tax on real estate transactions, it will not impact most sellers, and existing tax breaks for home sales will remain in place.
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New 1099 Rules Aimed at Curbing Tax Cheaters
Business owners will be required to file a lot more 1099s under new tax rules set to take effect in 2012.
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Spending Index Declines in June
As joblessness continues and home sales remain slow, the Deloitte Consumer Spending Index declined for the second consecutive month.
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Fannie Mae Reviews Last-Minute Credit Checks
A rule Fannie Mae put in place earlier this year that requires lenders to perform a second credit check on borrowers is going to get another look.
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A Light at the End of the Commercial Tunnel
A senior economist with the UCLA Anderson Forecast foresees non-residential construction increasing after the California commercial market bottoms out later this year.
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