Archive for Mortgages

New Mortgage Programs for Chicago First-Time Home Buyers

The challenge of saving for a down payment is a constant struggle for many first-time home buyers in Chicago. According to the Washington Post, the housing market is missing one specific group: young first-time home buyers. Realtors are commenting on the low numbers of this young generation that they are seeing in the marketplace. The [Read More]

December 23, 2014 | Author: Carol Morgan | Comments: (0) | Categories: Chicago Real Estate News, Economy, Education, Featured, Homebuying Tips, Locations, Mortgages, New Homes

Top Reasons to Kick off the New Year with a New Home

With 2014 quickly coming to a close, many Americans will be considering their goals and resolutions for the new year to come. As one of the largest investments most people will make in their lifetimes, purchasing a new home should be done with a lot of thought and careful planning. Recent reports from Freddie Mac [Read More]

December 16, 2014 | Author: Melissa Stocks | Comments: (0) | Categories: Chicago Real Estate News, Featured, Mortgages, New Homes

Should You Select an Adjustable Rate Mortgage?

Adjustable rate mortgages (ARMs) can be a great option for new home buyers in Chicago. However, it’s important to make sure that you fully understand this type of mortgage before selecting it. The new article “ When to Consider an Adjustable Rate Mortgage” on the Equifax Finance Blog explains what an ARM is and when [Read More]

December 12, 2014 | Author: admin | Comments: (0) | Categories: Chicago Real Estate News, Education, Homebuying Tips, Mortgages

Good Credit Best Practices from Equifax

If you will be purchasing a home at some point in the not-too-distant future, you know how important a good credit score is for obtaining financing and favorable terms on your mortgage. Follow these good credit best practices from the credit pros at the Equifax Finance blog, as explained in the recent article, “ Five [Read More]

October 30, 2014 | Author: admin | Comments: (0) | Categories: Chicago Real Estate News, Mortgages

Helpful Tips When Shopping for a Home

For anyone who is beginning their new home search, especially first-time home buyers, the process can seem overwhelming. An added complication for Chicago buyers is knowing that homes do not stay on the market long.

October 28, 2014 | Author: admin | Comments: (0) | Categories: Chicago Real Estate News, City of Chicago, Education, Mortgages, New Homes

Older Americans with Mortgage Debt on the Rise

Many older Americans are carrying mortgage debt, a trend that is taking away the security that many of us expect for our retirement years. There are some startling statistics in a new Equifax Finance blog article that illustrates the problem: About 33 million Americans over the age of 65 own their homes, making them the [Read More]

October 02, 2014 | Author: admin | Comments: (0) | Categories: Chicago Real Estate News, Mortgages

Preview Topics at IMN’s Bank and Financial Institutions Real Estate Workouts Conference

The Information Management Network’s (IMN) fourth annual Bank and Financial Institutions Special Assets Executive Conference on Real Estate Workouts (Midwest) is less than two weeks away, meaning banking and finance executives have little time remaining to register to attend! The event, designed to provide origination, credit, risk management and special asset executives with an invaluable [Read More]

September 23, 2014 | Author: admin | Comments: (0) | Categories: Chicago Real Estate News, Education, Events, Events AOI, In the City, Mortgages