Consumer Credit Risk Drops to Lowest Level Since 2005
TransUnion released its Credit Risk Index, which measures aggregate credit risk in the nation. The report released Wednesday concluded that credit risk dropped at the...
As interest rates rise, hybrid mortgages may be a good option
Loans that provide a guaranteed fixed rate for a pre-defined period of time, then convert to a variable rate, are usually less expensive than...
New Mortgage Rules Won’t Knock Out Many Borrowers
Are you in the market for a house and worrying about whether it will be harder to get a mortgage after Jan. 10, when...
One big change that will make it harder to get a mortgage after January 10th
Of all the mortgage rule changes coming in January under Dodd Frank, this one affects you the most if you want a new mortgage...
Effective January 1, 2014, Public Act No. 13-272 will require working smoke and carbon monoxide detectors in certain buildings at the time title is transferred.
In Summary… This act, with exceptions, requires a seller, before transferring title to a one- or two-family dwelling for which a new occupancy building...