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Existing Home Sales Report Shows Highest New Home Inventory Since January 2012 27 Aug 2013 | 05:49 pm
The National Association of REALTORS reported that existing home sales for July came in at 5.39 million on a seasonally adjusted annual basis. July's reading exceeded both expectations of 5.21 million...
What's Ahead For Mortgage Rates This Week - August 26, 2013 26 Aug 2013 | 05:48 pm
Last week brought mixed economic news, but Leading Indicators released Thursday suggest that the U.S. economy is growing at a moderate rate. Mortgage rates for fixed rate loans were higher, but the a...
Preventing And Clearing Clogs In Your Home 23 Aug 2013 | 05:48 pm
You're brushing your teeth and you turn on the faucet. It's not draining and starts to back up. Here's the dilemma; do you spit and let it sit or run to the kitchen? One thing is for sure; having a cl...
Fed Meeting Minutes Reflect Support For Reducing QE Program 22 Aug 2013 | 05:48 pm
The minutes of last month's Federal Open Market Committee (FOMC) meeting show significant support for tapering the Fed's current amount of monthly securities purchases. These purchases, known as quant...
It's Important To Follow These Specific Steps When Using Gift Funds For Your Down Payment 21 Aug 2013 | 05:49 pm
As lenders tighten mortgage guidelines for Chicago home buyers, minimum downpayment requirements are increasing. Several years ago, you could finance a home with nothing down. Today, most conventiona...
Home Builder Confidence Highest Level In Nearly 8 Years 20 Aug 2013 | 05:48 pm
The National Association of Home Builders (NAHB) reported Thursday that its Housing Market Index rose three points to a reading of 59 for August. Confidence among builders is likely growing in connec...
What's Ahead For Mortgage Rates This Week - August 19, 2013 19 Aug 2013 | 05:49 pm
Last week wasn't kind to stock market investors, but weekly jobless claims fell to an unexpected low of 320,000 new jobless claims filed, the lowest level in nearly six years. Here is a review of the...
Tips For Helping Your Kids Adjust To A New School 16 Aug 2013 | 05:49 pm
August means it's time to get your children ready for school once more. Picking out backpacks, going clothes shopping and finding all the right school supplies can be hectic enough. However, when you...
These Overlooked Issues Can Become Deal-Killers For Your Mortgage Application 15 Aug 2013 | 05:59 pm
A mortgage loan approval is never final until it's funded. And that means after you've signed the final paperwork and the bank has wired funds to escrow. Mortgages are made up of many moving parts, a...
Whatever You Do, Don't Make These Common Mortgage Mistakes 14 Aug 2013 | 05:48 pm
Are you applying for a mortgage on your home? Keep in mind that a mortgage is a major financial decision and choosing one will have a significant impact on the rest of your life. Many people go into ...