Josh Greene is president of Eastern Title & Settlement in Rockville. Don’t look now, but the federal government is introducing big changes in a few days for anyone who is finalizing purchase of a house. The Real Estate Settlement Procedures Act (RESPA), which governs disclosure rules on home closings, becomes official on Monday. These new rules...
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans remained low this week, with the rate borrowers were quoted on Zillow Mortgages at 3.73 percent, unchanged from last week. The 30-year fixed mortgage rate rose on Friday, then hovered around...
The presidential penthouse at the Residences at the Ritz-Carlton in the West End neighborhood of Northwest Washington sold for $6,050,000 recently, making it the most expensive condo sale in the District since 2013 and the highest price paid for a condo not located near the Potomac River. The sellers, venture capitalist Jeff Fine and his...
In one of your recent columns, your reply to a letter about paying off a mortgage missed the most important point: I’d rather pay taxes on money I earn rather than save taxes on money I don’t earn. In other words, I don’t mind paying taxes on a positive cash flow item (net total is...