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ICBA, affiliates urge CFPB to improve construction loan disclosures

March 31, 2023 by Brett Tams

The ICBA and 42 affiliated state banking associations are urging the CFPB to approve language that allows community banks to test different consumer construction and construction-to-permanent loan disclosures.

Posted in: Banking, Mortgage, Refinance Tagged: 2022, affordable, affordable homes, Bank, Banking, banks, Benefits, borrowers, business, CEO, CFPB, closing, Community Bank, Community banking, Community banks, construction, construction loan, Consumer Financial Protection Bureau, Consumers, cost, disclosure, estate, Finance, Financial Wize, FinancialWize, financing, goals, home, home purchase, homes, Housing, Independent Community Bankers of America, language, lenders, lending, loan, Loans, Local, markets, More, Mortgage, mortgage lending, mortgage refinance, new, Other, president, protection, Purchase, Real Estate, Refinance, Regulatory, Rohit Chopra, rural, save, savings, settlement, single, small towns, states, Technology, time, TRID, under, unique, will

This Group Earns More Than White Men

March 31, 2023 by Brett Tams

One group brought in median hourly earnings of $24 last year — $3 more than white men.

Posted in: Business, Mortgage Tips Tagged: 2021, All, Asian, black, business, closing, College, data, earnings, education, experience, facebook, Financial Wize, FinancialWize, gap, gender, good, Google News, Hispanic, Hispanics, hourly, id, Income, income inequality, Jobs & Work, jobs and work, Make, men, money, More, News, or, pay gap, percent, Research, single, time, white, women, workers

Should I Refinance My Home While Interest Rates Are Low?

March 31, 2023 by Brett Tams

If interest rates are low, refinancing your home mortgage loan can seem like an attractive option to get smaller payments or significant savings. If you’re thinking of refinancing your home, it’s important to have a good understanding of the the right timing, the costs and the available types of refinancing options to ensure you make […]

The post Should I Refinance My Home While Interest Rates Are Low? appeared first on The Simple Dollar.

Posted in: Apartment Decorating, Mortgage, Refinance Tagged: 15-year, 2, 2022, 30-year, 30-year mortgage, All, apr, ask, Auto, auto loan, average, balance, before, Benefits, big, Borrow, borrowers, Budget, build, calculator, Cash-Out Refinance, closing, closing costs, Closings, College, Commercial, cons, Conventional Loans, cost, Credit, Credit and Debt, credit card, Credit Card Debt, Credit Report, credit score, data, Debt, down payment, environment, equity, expenses, expensive, FHA, FHA loans, Finance, Financial Goals, Financial Wize, FinancialWize, fixed, Free, funds, future, Giving, goals, good, home, home equity, home loan, home purchase, home renovations, homeowners, house, ice, id, Income, Insurance, insurance premiums, interest, interest rate, interest rates, investment, items, lenders, Life, Live, loan, Loans, Long-term Savings, low, LOWER, Make, making, math, md, modern, money, monthly budget, More, Mortgage, Mortgage Insurance, Mortgage Insurance Premiums, mortgage lender, mortgage loan, mortgage payment, mortgage payments, Mortgage Rates, mortgage refinance, mortgage technology, Move, new, new home, old home, one day, or, Original, Other, paying off credit card debt, payments, percent, plan, Planning, PMI, president, principal, private mortgage insurance, products, project, property, pros, Pros and Cons, Purchase, questions, rate, Rates, reach, Refinance, refinance your mortgage, refinancing, refinancing a mortgage, remodeling, renovations, repayment, return, right, risk, room, save, Save Money, savings, Sell, shopping, simple, smart, stable, tax, Technology, time, timeline, timing, title, tuition, Underwriting, value, versus, will, work

Low inventory a challenge to housing market as rates decline 

March 31, 2023 by Brett Tams

Mortgage rates declined for the third consecutive week, sparking hope for a good spring buying season, but low inventory levels continue to be a challenge for the housing market.

Posted in: Mortgage, Mortgage Rates, Real Estate Tagged: 10-year yield, 2021, 2023, 30-year, 30-year fixed mortgage, 30-year mortgage, Altos Research, assets, Bank, banks, blue, bond, bonds, borrowers, bridge, buyers, Buying, closing, Crisis, data, deposit, Deposits, Financial Wize, FinancialWize, fixed, Flagstar, Flagstar Bank, Forecast, Freddie Mac, good, home, Homebuyers, homebuying, homes, Housing, Housing inventory, Housing market, id, interest rates, inventory, inventory levels, investors, liquidity, Logan Mohtashami, low, Low inventory, market, Mortgage, mortgage market, Mortgage News, MORTGAGE RATE, Mortgage Rates, Mortgage Rates Center, Move, News, or, Other, points, prep, rate, Rates, ready, Real Estate, realtor, Realtor.com, Research, Sam Khater, sector, Sell, sellers, Silicon Valley, silicon valley bank, Spring, survey, time, Treasury, will

Removal of Tax Liens and Judgments Might Boost Mortgage Approvals

March 30, 2023 by Brett Tams

Beginning July 1st, the credit reporting bureaus (Equifax, Experian, TransUnion) will begin wiping tax liens and judgments off of millions of credit reports in a bid to improve accuracy. The backstory is that a lot of errors were showing up on credit reports, hurting Americans’ credit scores and preventing them from getting financing, including mortgages… Read More »Removal of Tax Liens and Judgments Might Boost Mortgage Approvals

The post Removal of Tax Liens and Judgments Might Boost Mortgage Approvals appeared first on The Truth About Mortgage.

Posted in: Mortgage News, Renting Tagged: 2, 2017, All, big, borrowers, Buy, buy a home, closing, Consumers, Credit, Credit Bureaus, Credit Report, Credit Reporting, Credit Reports, credit score, credit scores, data, Debt, debt-to-income, decision, entry, Equifax, equity, experian, Fannie Mae, FHA, FHA loans, fico, Financial Wize, FinancialWize, financing, Giving, goal, home, home loan, homeownership, Income, industry, items, jump, lenders, liens, loan, Loans, low, low mortgage rates, LOWER, Make, More, Mortgage, mortgage lenders, Mortgage News, MORTGAGE RATE, Mortgage Rates, Mortgages, Move, Negative Items, opportunity, or, organization, Origination, Other, payments, plan, points, rate, Rates, Refinance, repayment, rise, risk, running, social, tax, tax lien, tax liens, time, TransUnion, volume, will

How to Open a Business Checking Account Online with No ChexSystems

March 30, 2023 by Brett Tams

Are you struggling to open a business checking account because of ChexSystems? Our guide has got you covered with practical tips and advice.
Posted in: Credit 101 Tagged: 2, 2023, ACH, advice, All, Amenities, app, Applications, Apps, ask, ATM, balance, Bank, bank account, Banking, banks, basic, Benefits, Bill Pay, bills, bonus, build, build credit, builder, building, Building Credit, business, Buy, capital one, chance, Checking Account, Checking Accounts, Chime, Clean, clear, closing, Consumer banking, Credit, credit card, credit cards, credit history, Credit Report, Credit Reporting, credit score, credit union, Credit unions, Debit Card, debit cards, decision, decisions, Denied Credit, deposit, Deposits, Direct Deposit, disclosure, entry, Fall, Fees, Financial Wize, FinancialWize, fraud, Free, free checking, friendly, funds, Funds Transfer, future, General, Giving, good, great, grocery, grocery stores, guide, history, How To, id, identity theft, impact, Inquiries, Integration, interest, items, Law, lenders, Live, Loans, Local, LOWER, maine, maintenance, Make, market, measure, military, mobile, Mobile Banking, money, money order, More, Move, needs, Negative Items, new, News, no fee, offer, offers, Online Banking, online business, or, Original, Other, overdraft, overdraft fee, overdraft protection, Payment apps, payments, paypal, percent, Personal, place, plan, policies, poor, prepaid debit card, prepaid debit cards, present, proactive, protection, Purchase, Rates, reach, Review, rich, right, risk, running, save, savings, Savings Account, second, secured card, secured credit card, secured credit cards, security, Small Business, social, social security, sofi, southwest, states, Style, tax, texas, theft, time, tips, town, under, united, united states, update, venmo, virtual, visa, wells fargo, will, work, working

13 Tips for First-Time Homebuyers in Chicago

March 30, 2023 by Brett Tams
Chicago neighborhood

If you’re a first-time home buyer in Chicago, our expert guide can help you navigate the complex process of purchasing your dream home in the Windy City.

The post 13 Tips for First-Time Homebuyers in Chicago appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Posted in: Market News, Paying Off Debts Tagged: 2, 2023, advice, advice for first-time homebuyers, affordability, agent, agents, al, All, ask, Bank, before, Blog, Broker, brokerages, Budget, building, building wealth, Buy, buy a home, buyer, buyers, Buying, Buying a Home, calculator, checklist, chicago, Chicago agents, Chicago real estate, Children, city, closing, Coldwell Banker, commute, commuting, company, Competition, condo, condos, conventional loan, decision, decisions, diversity, down payment, dream, dream home, driving, earnest money, estate, experience, Family, Fees, FHA, FHA loan, Financial Wize, FinancialWize, financing, first home, first time homebuyer, first-time home buyer, First-time Homebuyers, get started, good, great, guide, home, home buyer, home buyer tips, home buyers, home buying, home search, homebuyer, Homebuyers, Homeowner, homeowners, homes, hot, house, Housing, il, Illinois, interest, interest rate, inventory, investment, Learn, lenders, list, list price, LLC, loan, Local, Local Insights, low, Low inventory, LOWER, Make, making, market, money, More, Mortgage, Mortgage Financing, mortgage lender, Mortgage Rates, Mortgages, neighborhoods, new, offers, opportunity, or, Other, park, pre-approval, price, Prices, Professionals, programs, property, property tax, Purchase, questions, rate, Rates, Real Estate, real estate agent, real estate market, real estate tips, realtor, Redfin, Redfin.com, Research, restaurants, right, rise, risk, room, running, schools, search, Sell, seller, selling, shopping, single, single-family, single-family homes, space, Style, suburbs, tax, tax rates, theme park, time, tips, title, tools, traditional, walk-through, wealth, weather, will, work

February pending home sales disappoint, but maybe we’re turning a corner?

March 30, 2023 by Brett Tams

Pending home sales increased 0.8% from January, but deal volume was still less than is typically seen in the run-up to the spring housing market.

Posted in: Paying Off Debts, Real Estate Tagged: 2, 2022, 2023, affordable, All, Applications, Bank, Bright MLS, buyers, closing, construction, CONTRACT SIGNINGS, contracts, Deals, existing, Financial Wize, FinancialWize, financing, home, home construction, Home Sales, Home Values, Homebuyers, homes, Housing, Housing market, inventory, Lawrence Yun, market, markets, Midwest, mls, Mortgage, mortgage applications, Mortgage Rates, Moving, NAR, National Association of Realtors, new, one year, pending home sales, Rates, Real Estate, Realtors, sales, Spring, spring housing market, the west, volume

10 Movies and Shows that are Just Propaganda

March 30, 2023 by Brett Tams

It’s not hard to find a scripted television show, blockbuster film, or intriguing documentary that captures your attention and keeps you entertained. With captivating characters and stunning visuals, movies make a great escape from reality! But have you ever stopped to consider that some of the shows and movies we watch could actually be promoting … Read more

Posted in: Saving And Spending Tagged: 2, 2023, action, ad, AI, air, All, Appreciate, ask, at home, author, bar, before, book, Books, budgets, bullshit, car, charity, charlie, choice, city, closing, Clothes, Commercial, couple, Credit, data, decades, deck, design, disney, documentary, Entertainment, experience, farm, Finance, Financial Wize, FinancialWize, formula, good, great, home, hot, How To, id, job, kids, Law, layout, Life, Live, Local, longevity, Make, man, marriage, Medical, mess, military, mistake, money, More, movies, netflix, or, Original, Other, parents, plan, poor, pretty, Recruiting, reddit, retirement, reward, right, running, safe, School, social, story, Technology, television, time, title, traditional, trust, tv, TV Shows, under, war, will, wood, work, wrong

Mortgage rates expected to rise amid economic volatility: Realtor.com – Fox Business

March 30, 2023 by Brett Tams

Mortgage rates expected to rise amid economic volatility: Realtor.com  Fox Business

Posted in: Renting Tagged: 2, 2021, 2022, 2023, 30-year, affordability, agents, analysis, ask, Auto, average, Banking, before, bidding, bidding wars, big, business, buydown, buyers, Buying, Buying a Home, closing, closing costs, color, Competition, Credit, credit score, ct, data, down payment, Down payments, expensive, experts, Fall, Featured, fed, Federal Reserve, FHA, FHA loans, Finance, financial stability, Financial Wize, FinancialWize, fixed, Forecasts, growth, hold, home, Home Insurance, Home Price, home price growth, home prices, homebuyer, Homebuyers, Homeowner, homes, Housing, Housing market, Inflation, Insurance, insurance premiums, interest, interest rate, interest rates, lenders, loan, Loans, LOWER, market, Media, money, More, Mortgage, Mortgage Insurance, Mortgage Insurance Premiums, MORTGAGE RATE, Mortgage Rates, National Association of Realtors, needs, negotiating, offer, offers, or, Other, payments, Personal, points, present, pressure, price, Prices, Purchase, questions, rate, Rate Hikes, Rates, ready, realtor, Realtor.com, Realtors, Redfin, refinancing, rise, sales, save, Save Money, savings, sellers, shopping, Spring, svb, the fed, volatility, war, will, Zillow
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