Texas proposes property tax cuts for homeowners 55+
Texas Lt. Gov. Dan Patrick recently announced “Operation Double Nickel,” a proposal that would lower the age for senior property tax benefits from 65 to 55 and expand homestead tax exemptions. According to Patrick’s website, the plan “would accelerate school property tax cuts, reduce school property
Mortgage rates cool in 2025, but 2026 relief likely limited
Mortgage rates started the year slightly above 7% but are heading into the holiday season near the 6.2% level. Looking ahead to 2026, lenders and industry experts expect some relief, though not a dramatic shift. On Monday, Mortgage News Daily reported that 30-year conventional fixed rates averaged 6
MBA 2026 forecast: Slow growth amid inflation, rate hikes
Economic growth is expected to slow in 2026 and remain below trend for several years as higher interest rates and lingering inflation pressures weigh on the U.S. economy, according to the Mortgage Bankers Association’s December Economic and Mortgage Finance forecasts. MBA economists Mike Fratantoni,
Categories
Recent Posts
