Home Ownership

May 15, 2019
Reasons to refinance your mortgage. From Mortgage 1 Inc.

5 Reasons to Refinance

There are many great reasons to refinance an existing mortgage. Mortgage interest has historically been treated differently than all other debt. In fact, mortgage debt is the only debt eligible for a reduction in federal income taxes. Done correctly, refinancing can be a good financial […]
May 10, 2019
Mortgage 1 explains what closing costs are.

What Are “Closing Costs?”

What are closing costs? That’s a question most first-time home buyers ask. Many repeat buyers do, too. Many home buyers don’t realize the kind of costs that can be associated with a mortgage.  Whether a buyer selects a no closing cost mortgage or a more […]
May 3, 2019
State of the Metro Detroit Housing Marketing 2019

State of the Metro Detroit Housing Market

Southeast Michigan continues to be a hot market for home buyers, both first-time buyers and those looking to move up, according to research data as well as on-the-ground insights from a local real estate pro. While the market is in a sellers’ mode, there are […]
April 16, 2019
Why Owning a Home Is Still a Great Investment

Home Ownership, Taxes and Finances: Why Owning a Home Is Still a Great Investment

April 15 is an annual rite of passage in the United States: Income Tax Day. (You did remember, didn’t you?) Since the inception of the federal income tax law in 1913, home mortgage interest has always qualified as an income tax deduction. And while the […]