Is a reverse mortgage right for you? - Valley News

Valley News

Is a reverse mortgage right for you? Valley News A reverse mortgage is a loan for senior homeowners over 62-years-old that uses some of your home equity as collateral. If you keep paying your property taxes and insurance, the loan does not have to be repaid until the last homeowner moves out of the ... and more »

Maryland Realtors plan to fight O'Malley proposal to cap mortgage tax deduction - Washington Post

Maryland Realtors plan to fight O'Malley proposal to cap mortgage tax deduction Washington Post Martin O'Malley's proposal to cap state income tax deductions for people who make more than $100000, a change that would have a big impact on mortgage interest deductions. Patricia Terrill, president of the Maryland Association of Realtors, ... and more »

Wonkbook: It's too late for a new candidate to enter the GOP primary - Washington Post (blog)

Wonkbook: It's too late for a new candidate to enter the GOP primary Washington Post (blog) 2) Newt Gingrich's ideas are bigger and weirder than Romney's, reports David Fahrenthold: "If he were elected president, former Massachusetts governor Mitt Romney says, he would cut companies' tax bills. But former House speaker Newt Gingrich (Ga.) ... and more »

Reverse Mortgages Return - Smartmoney.com

Reverse Mortgages Return Smartmoney.com Reverse mortgages allow homeowners who are at least 62 years old to draw down on their home's equity in exchange for cash in several ways, including one lump sum, a line of credit or monthly payments. Compared to a few years ago, the total number of ... and more »

A Better Tax System (Assembly Instructions Included) - New York Times

New York Times

A Better Tax System (Assembly Instructions Included) New York Times Consider the deduction for mortgage interest. The policy is politically popular, but economists have long thought it has little justification. Because of this provision, among others, our tax system gives a better treatment to residential capital than ... and more »