Blog tagged as Fiscal Cliff

Taxes are due April 15, 2013There was plenty of discussion and debate leading up to the New Year's looming "fiscal cliff". Ultimately, the event was avoided, but not before legislation was passed which may benefit homeowners in Richmond and nationwide. 

If you have yet to file your 2012 taxes, take a minute to re...

06.02.13 04:45 PM - Comment(s)
Jobs data moves mortgage rates higherMortgage rates in Richmond rose during the first week of 2013. The fiscal cliff crisis was resolved prior to the market's opening Wednesday, when legislators voted to approve a deal. While many tax cuts were extended for taxpayers earning less than $450,000 annually, other facets of the fiscal cliff...
07.01.13 04:45 PM - Comment(s)

Jobs report is due Friday and could move mortgage ratesMortgage bonds improved last week, pushing mortgage rates lower in Virginia and nationwide.

Positive economic news and strong housing data was trumped by ongoing Fiscal Cliff discussions on Capitol Hill.

The "Fiscal Cliff" is meant to represent January 1, 2013 -- the date on which mandatory ...

31.12.12 04:45 PM - Comment(s)

Existing Home SalesMortgage markets worsened last week amid ongoing discussions budget and tax conversations in Washington, D.C., and the release of key housing and economic data.

Mortgage rates climbed in Virginia and nationwide.

Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.37 percent nationwi...

24.12.12 04:45 PM - Comment(s)
FOMC meets this weekMortgage bonds worsened last week as Fiscal Cliff talks moved closer to resolution and as the U.S. economy showed continued signs of growth. Conforming mortgage rates in Virginia rose slightly, edging off the all-time lows late in November. According to Freddie Mac's weekly mortgage rate survey, the...
10.12.12 04:45 PM - Comment(s)