Showing posts with label HELOC. Show all posts
Showing posts with label HELOC. Show all posts
Tuesday, December 19, 2017

HELOC interest deduction goes away under Republican tax "reform": Expect loan consolidation

›
You know the one, the one you take to help buy a car, fund tuition, or actually fix up the house. When the credit card interest deduct...
Sunday, February 24, 2013

The Banks Own 32% Of The Stock Market, Households 37%

›
This Bank of America chart from July 2012 seen here shows bank ownership of the equity markets at 32% in Q1 2012, a stunning number rivalli...
Sunday, August 5, 2012

Home-Owners' Equity Hollowed Out After 1986 Tax Reform

›
Did the 1986 tax reform unintentionally contribute to the hollowing-out of home-owners' equity? It sure looks like it from the graph I...
Sunday, July 15, 2012

HELOC Required Payments Are Set To Explode Between 2012-2018

›
Today, just $11 billion in home equity lines of credit require both principal and interest payments. By 2018 the number will be ten times th...
Wednesday, November 23, 2011

Remembering the $Trillions Withdrawn from the Housing ATM

›
Boy, don't we wish we had those back today. Consider The Washington Post, May 30, 2007, here : According to Fed data, homeowners' eq...
Thursday, November 17, 2011

The Big Fat Idiot Establishment Republicans Like Rush Limbaugh Won't Replace Your Tax Deductions

›
When deductibility of interest expenses in a wide variety of vehicles was eliminated for income tax purposes in the tax reform act of 1986 u...
Monday, July 11, 2011

Unemployed? To Megan McArdle You're Just A Depreciating Asset

›
Here : "Human capital is like almost any other form of capital: it is a depreciating asset." In other words, your worth as a human...
Thursday, June 23, 2011

The Nation Rips Bill Clinton a New One for Enabling Financial De-Regulation Under Gingrich

›
An argument, here , with which we happily agree, except there's no discussion of the de-regulation of the homeowner, who, since 1997, ha...