Jenn Pfeiffer
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tax - The Jenn Pfeiffer Team
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tax Tag

Why Mortgage Rates Could Continue To Decline

By our friends in KCM When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know. The Federal Funds Rate Hikes Have Stalled One of the Fed’s primary goals is to lower inflation. In order to do that, they started raising the Federal Funds Rate to slow down the economy. Even though this doesn’t directly dictate what happens with mortgage rates, it does have an impact. Recently inflation has started to cool, a signal those increases worked and are bringing inflation back down. As a...

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What Is a Tax Basis? A Number Every Savvy Homeowner Needs To Know

By Jillian Pretzel | REALTOR.COM Something about the word “tax” makes even the most ardent financial wizard’s eyes glaze over. We get it: It’s no fun to think about the money you have to hand over to Uncle Sam. Yet, when it comes to real estate, understanding your tax basis is like knowing the rules of the game. Your tax basis is a fundamental factor that can significantly affect your finances when it comes time to sell your property. However, tax basis is more important to some homeowners than others. Read on to find out everything you need to know. What is a tax basis? Tax basis, also known as cost basis,...

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