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Category Archives: Finance
Letter about home refinancing draws caution from HH broker
Here is a copy of my letter to the editor of the Killeen Daily Heard. To the Editor: I would like to comment on the Letter to the Editor date May 5 (regarding refinancing home loans through the VA). After … Continue reading
TaxMasters files for bankruptcy
TaxMasters might not be a household name across the nation but due to their extensive cable advertising in Texas and Minnesota, the company along with their CEO Patrick Cox are instantly recognizable in these states. The company that was created to … Continue reading
Posted in Finance
Tagged bankruptcy, complaints, greg abbot, patrick cox, taxmasters, texas attorney general
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Average tax refund drops to $2913
According to the latest filing statistics from the IRS, taxpayers received tax refunds averaging $2,913 in 2011 which is a 3% decrease from last year’s average of $3,003. In terms of total returns, the IRS gave out 109.3 million refunds … Continue reading
VA Funding Fees will not be reduced on November 18th
We wanted to provide an update on the following pending legislative changes: VA Funding Fee: We have been informed that the VA Funding Fees will not be reduced on November 18th as had been previously anticipated. It now appears … Continue reading
Killeen area ranked no.3 in military retirement
In a survey done by USAA and military.com, the Killeen-Temple-Ft. Hood area placed 3rd among 378 other areas as an opportunity for retired service members to seek second careers. The criteria used: employment opportunity sectors with military skills alignment overall job climate … Continue reading
Constitutional Amendment Proposition 1
Proposition 1: “The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the residence homestead of the surviving spouse of a 100 precent or totally disabled veteran.” Yes: 82.9 percent No: … Continue reading
How the European Agreement affects the mortgage market.
Compliments of David Kuebler from SWBC Mortage in Killeen. To the relief of investors, European leaders reached agreement to provide aid to countries with debt troubles. Investors reversed the flight to safety trade, pushing mortgage rates higher. The economic data … Continue reading
Posted in Economy, Finance, Harker Heights Real Estate, Killeen Real Estate
Tagged european debt deal, mortage rates, Real Estate
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Lender Checklist: What You Need for a Mortgage
□ W-2 forms — or business tax return forms if you’re self-employed — for the last two or three years for every person signing the loan. □ Copies of at least one pay stub for each person signing the … Continue reading
VA Funding Fee
VA funding fee is reuqired by law and can be rolled into the loan, as long as the loan does not exceed a certain amount. Survivors who spouses were killed as a result of military duty, are exempt of the … Continue reading
Federal Reserves’ announcement “hold” on rates!
The Federal Reserves’ announcement that it will hold rates as they are until mid 2013 was welcome news to all. The stock market reacted with an initial gain of 429 points. Most of that was lost a few days later … Continue reading
