[P.O.W.E.R. Plug Podcast] How the New Tax Law Impacts HELOCs, Mortgages & More
For many, owning a home is one of the biggest financial investments you will make.
Do you know how the new tax law impacts your mortgage or Home Equity Loan write-offs? Should you refinance your home or purchase your first one? Will mortgage interest rates still remain low or are they forecasted to increase?
In this episode, I talk with Tiffany Barber, veteran mortgage specialist with Southern Trust Mortgage, a Sonabank partner that is headquartered in Virginia Beach with retail branches throughout the East Coast. They are a big supporter of the P.O.W.E.R. program because they are truly interested in helping women not only get the best rates, but also making the process as easy as possible.
The impact of the new tax laws on writing off interest on mortgages and Home Equity Loans (HELOCs)
Why you should consider re-financing now rather than waiting
What are typical mortgage interest rates today and what is forecasted for 2018
How mortgage rate trends impact first time home buyers, second homes, and investment properties differently
The most common mistakes well-qualified people make when getting a mortgage or re-financing a home
The process of getting a home loan and what to expect