ARCHIVED BLOG POSTS
Late last year the FHA let it be known that their reserves had dropped below 2%. As Congress set this minimum the news that the reserves had dropped below it spawned a call to bolster the weakening FHA. Currently a vast majority of new home buyers purchase their first home with FHA loans. As s...
As part of the 2010 Chicago Budget Plan, Mayor Daley set aside some money to assist homeowners hardest hit by jumps in their 2008 second installment property tax bill. The new program offers $50 - $200 to qualifying City of Chicago homeowners. Eligibility is based on income and the amount of a ho...