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On net, lower interest rates have been a boon for the earnings of mortgage lenders and the industry as a whole. Seasonally adjusted applications for refinancings, as reported by the Mortgage Bankers Association, are off their peaks but still impressively high. Think of it this way - you can take longer to repay a home equity loan, but the cost of doing so in higher total interest expense could eat up your tax savings.
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Our credit isn't too good after an on the job accident that had me laid off for 4 months. Forms 1099-B, 1099-DIV, 1099-MISC, 1099-R, and 1042-S contain two documents per page. Dealers simply act as agents of a leasing provider, such as Ford Motor Credit or GMAC, to arrange the lease on a customer's behalf.
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