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Home Loans News

Tax breaks on home loans may get tough (NDTV Profit)
If you've bought that home on a mortgage and you've rented it out you could soon lose the tax breaks that you get now. That's because Finance Minister wants to cut tax breaks and the axe might fall on loans on homes where the owners do not stay.

California nails dubious distinction: No. 1 in subprime home loans (bizjournals.com via Yahoo! Finance)
California leads the nation in higher-cost subprime home lending according to an analysis released Wednesday of 2005 Home Mortgage Disclosure Act data by the California Reinvestment Coalition.

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