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LATEST MORTGAGE RULES - HAVE THEY DELAYED HOME CLOSINGS?
INTRODUCED LAST OCTOBER, MORE STRINGENT MORTGAGE DISCLOSURE RULES ARE CAUSING PAIN IN SOME, BUT NOT ALL, RESIDENTIAL HOME CLOSINGS! New Federal Mortgage Rules , introduced in Early October of 2015, had the goal of making the mortgage process more transparent Read More...
HOMEOWNERS: STILL TIED UP IN CONGRESS - TAX DEDUCTION EXTENSIONS THAT COULD SAVE YOU MONEY!
EXEMPTIONS FOR TAX ON FORGIVEN MORTGAGE DEBT, TAX CREDIT FOR ENERGY-EFFICIENCY IMPROVEMENTS, MORTGAGE INSURANCE DEDUCTIONS STILL ON THE TABLE IN CONGRESS! In recent years, U.S. Homeowners and Homebuyers have been grateful recipients of Popular Tax Benefits Read More...
THE "MAGIC BULLET?" WHAT WILL FINALLY SHAKE THE CHICAGO HOUSING MARKET OUT OF THE DOLDRUMS?
CONTINUED RECORD-LOW INTEREST RATES? TUMBLING HOUSE VALUES? FALLING UNEMPLOYMENT? LOWER GAS PRICES? REDUCED DISTRESSED INVENTORY? FOR MOST . . . "WHO KNOWS!" Here in IL, the rate of Home Foreclosures continues to drop. According to Ivrine CA-based Read More...
GLOBAL CRISES DRIVING DOWN MORTGAGE INTEREST RATES!
T-BILL YIELDS, WHICH PORTEND CURRENT RATES, FALL AS INVESTORS FLOCK TO THEM FOR SAFETY! Despite what appears to be a spotty recovery in the Chicago Real Estate Market, rates for the money to buy real estate here is still near historic lows. With last Read More...