Legislation

5 Reasons Your Tax Refund Might Be Smaller This Year

This tax season, the sting of federal income taxes might be unexpectedly worse than in the recent past.

9 States That Want to Tax the Wealthy in 2023

Several new proposals aim to take a bigger bite out of the net worth of rich folks.

Senators Urge Passage of Underwater Refinance Program

A bipartisan group of 16 Senators urged the Obama administration to remove barriers that have kept underwater homeowners stuck with inflated mortgage rates. In a letter to HUD secretary Shaun Donovan, Treasury secretary Tim Geithner, and FHFA director Edward DeMarco, the group spelled out the legislation needed to make such a program work. First, the… Read More »Senators Urge Passage of Underwater Refinance Program

The post Senators Urge Passage of Underwater Refinance Program appeared first on The Truth About Mortgage.

Opinion: It’s time for bipartisanship on affordable manufactured housing

As the 118th Congress begins, we return to a divided government in Washington. The American public will be looking to Washington for bi-partisan initiatives and real accomplishments. One of the prime areas of opportunity is affordable manufactured housing homeownership.

The 10 Most Affordable Electric Cars for 2023

Electric vehicles are becoming increasingly popular as gas prices skyrocket. In fact, automakers plan to pivot to largely electric lineups in the coming decade, in response to ongoing climate concerns. For more than a decade, brands like Nissan and Chevrolet have offered affordable electric cars like the Nissan Leaf and Chevy Spark EV, but their […]

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HARP May Be Expanded and Extended to Promote Mortgage Refinancing

There’s been a lot of buzz about the Home Affordable Refinance Program lately. While it has picked up steam in recent months, thanks to the removal of the LTV barrier, it’s still not reaching millions of underwater homeowners in need of a lower mortgage payment. Fortunately, there have been stirrings of expansions and extensions aimed… Read More »HARP May Be Expanded and Extended to Promote Mortgage Refinancing

The post HARP May Be Expanded and Extended to Promote Mortgage Refinancing appeared first on The Truth About Mortgage.

Millennials can’t afford to pay rent in these California cities because of the renter wage gap

L.A., San Diego, San Francisco, San Jose, Riverside and Sacramento have some of the biggest rent wage gaps for millennials, according to a Filterbuy analysis.