Public Policy "NEWS"

Calculate New House Payment If you owe less than $726,525, you may be shocked by how much Quicken Loans can reduce your total mortgage payments. Try this radically simple mortgage experience and see if you can lock a low rate that will never rise.

Fearing Privatization: Public Housing Activists Push Back Against RAD : Public housing residents say the Minneapolis housing authority shouldn't convert the Elliot Twins towers using HUD's RAD program.

Single-Family Subsidies Are Needed Outside Hot Markets : There isn’t a tax credit program available to spur investment in single-family residential neighborhoods, but an alliance is working to change that.

Find Luxury Homes and Mansions for Sale : Find your new luxury home in Los Angeles with Mansion Global, the new luxury real estate listings service.

Things a Real Estate Agent Would Never Have in Own Home - PureWow : According to Noemi Bitterman of Warburg Realty, a real estate agent would never have these 11 features in their own property.

If you owe less than $726,525 on your home, use Congress's free refi program. The program itself is totally free and doesn't add any cost to your refi. You'll be shocked when you see how much you can save. Make one extra mortgage payment each year Instead of paying a little more each month, make one extra monthly payment each year. One way to do this is to save 1/12 of a payment every month, and then make an extra payment after every 12 months.

OWNING VS. RENTING Our goals are simple -- to ensure that you're happy with the home you buy and that you get the best deal you can. This describes why owning should be less expensive than renting. OWNING SHOULD BE LESS EXPENSIVE THAN RENTING Here's a guideline that may change the way you view your seemingly cheap monthly rent. In order for you to see how expensive a home you could afford to buy while having the same approximate monthly cost as your current rent, simply do the following calculation: Take your monthly rent, multiply by 200 = purchase price of home Example: $ 750 x 200 = $150,000 So, in the preceding example, if you were paying rent of $750 per month, you would pay approximately the same amount per month to own a $150,000 home (factoring in tax savings). Now your monthly rent doesn't sound quite so cheap compared to the cost of buying a home, does it? Even more important than the cost today of buying versus renting, what about the cost in the fut