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ByAlex Carlucci
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This ARTICLE On Chicago Tax Hikes Still Does Not Solve City Pension Debt Was PUBLISHED On October 14th, 2019 Chicago has a new mayor, Lori Lightfoot. Mayor Lightfoot is walking into a city with major financial chaos Chicago has the highest tax rate out of any major U.S. city Despite the high city taxes and…
ByAlex Carlucci
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This ARTICLE On How Does A Mortgage Payment Structure Work On Home Loans Was PUBLISHED On October 14th, 2019 Unlike other loans, a mortgage often doesn’t require that you have some sort of collateral, security or equity as the home itself can serve as such. In a nutshell, if a borrower by any chance defaults…
ByGustan Cho
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This ARTICLE On New York Mansion Tax Plummeting Real Estate Sales Was PUBLISHED On October 12th, 2019 BREAKING NEWS: New York Mansion Tax Plummeting Real Estate Sales after it has been implemented. Politicians disagreed with real estate experts about New York Mansion Tax Plummeting Real Estate Sales Politicians and lawmakers were wrong: The market was…
ByGustan Cho
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This Article Is About California Wildfires Affect Californians From Getting Insurance The frequent California Wildfires is affecting homeowners to get homeowners’ insurance. Existing homeowners are experiencing skyrocketing premiums of their homeowners’ insurance. Many homeowners cannot get insurance after the California Wildfires. More than 350,000 Californians cannot get business and homeowners property and casualty insurance after…
ByAlex Carlucci
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This article is about the producer price index drop signals lower mortgage rates. BREAKING NEWS on the producer price index drop signals lower mortgage rates in the coming months: After news that producer price index unexpectedly rose in August 2019, breaking news hit the wire in September 2019 that the producer price index (PPI) dropped…
ByGustan Cho
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This ARTICLE On Las Vegas Home Prices Hit All-Time High Since Recession Was PUBLISHED On October 10th, 2019 Home Prices are hitting new highs in Nevada. Home Prices has been on the rise since 2011 and hitting a record high recently in Las Vegas However, median Home Prices are still lower than the national median…
ByGustan Cho
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This Article Is About he Housing Market To Remain Stable During Trump Impeachment Process Many homebuyers are in jitters whether the Housing Market To Remain Stable during President Trump’s Impeachment Process. Experts expect the Housing Market To Remain Stable during the impeachment process of President Trump by the Democrats However, experts do expect major volatility…
ByAlex Carlucci
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This ARTICLE On Separate Chicago From Illinois Movement Gains Momentum Was PUBLISHED On October 22nd, 2019 A separate Chicago from Illinois movement has gained momentum as the city is deteriorating financially. Both the state of Illinois and the city of Chicago are in a financial crisis There are countless Illinoisans fleeing the state due to…
ByGustan Cho
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This ARTICLE On Vancouver Property Management Experts Share Their Habits for Success Was PUBLISHED On October 8th, 2019 When you have a property management business to run, handling all the nitty-gritty everyday tiny tasks can quickly become overwhelming and boring. It is easy to drop down into a mental quicksand and just sort of let…
ByGustan Cho
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This ARTICLE On California Gas Prices Hit 5-Year High And Highest In Nation Was PUBLISHED On October 8th, 2019 California Gas Prices Hit 5-Year High and are now the highest in the nation: California Gas Prices are double the national average prices of gasoline Average California Gas Prices posted on October 1st, 2019 has now…
ByAlex Carlucci
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This ARTICLE On Kankakee Illinois Pension Debt Shortage Missed By The City Was PUBLISHED On October 6th, 2019 Kankakee Illinois Pension Debt Shortage Missed putting recipients at risk from getting their pension payments. The City of Kankakee pension fund is far below on the mark that the state’s requirement on the amount of contributions to…
ByAlex Carlucci
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This Breaking News Article On The U.S. Unemployment Rate Falls To 50-Year Low Great news this morning on the U.S. Employment Numbers and Unemployment Rate Falls To 50-Year Low: Right before the Dow Jones Industrial Averages opened this morning, the breaking news of the U.S. Unemployment Rate Falls To 50-Year Low For The United States…
ByAlex Carlucci
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BREAKING NEWS: This ARTICLE On ISM Non-Manufacturing Index For September. ISM Non-Manufacturing Index For September Shows Economic Slowdown Services. What this means is the economy may be slowing and is much weaker than the forecast. Market experts are mixed on the future of the economy. Some were bullish while others were bearish. Fears of a…
ByAlex Carlucci
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This article on Illinois rising property taxes was published on September 30th, 2019 Illinois rising property taxes are hitting the national news Illinoisans had high hopes with the election of new Governor JB Pritzker to take office and start fixing the financial mess in the state The opposite happened After the new Illinois Governor took…
ByGustan Cho
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This ARTICLE On Appraisals Will No Longer Be Required On Homes Under $400,000 Was PUBLISHED On September 29th, 2019 Appraisals Will No Longer Be Required On Homes Under $400,000 once the Federal Reserve Board signs off on this bill. The news of Appraisals Will No Longer Be Required On Homes Under $400,000 will come into…
ByAlex Carlucci
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This ARTICLE On Illinois Housing Recovery Lags Behind The Rest Of The U.S. Was PUBLISHED On September 25th, 2019 Illinois has the second-highest property taxes in the Nation. Property taxes in the state of Illinois is the second-highest in the U.S. right behind New Jersey The bad news is that property taxes in Illinois keep…
ByAlex Carlucci
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This ARTICLE On Peoria Illinois Creates New Property Tax Devoted To Pension Shortage Was PUBLISHED On September 25th, 2019 It is no news to Illinois taxpayers that new Governor JB Pritzker is raising taxes in everything he can think of in Illinois. Most cities and counties in Illinois is facing a financial crisis Property taxes…
ByGustan Cho
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This ARTICLE On First Time Home Buyers With Student Loan Debts Mortgage Guidelines Was PUBLISHED On September 24th, 2019 High student loan debt is one of the barriers affecting first time home buyers. Student loans and auto payments are the two largest factors that impact debt to income ratios FHA, USDA, VA, Fannie Mae, Freddie…
ByMike Gracz
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This ARTICLE On Why Residents Are Moving To Tennessee From High-Taxed States Was PUBLISHED On September 20th, 2019 The Top Reasons Why Residents Are Moving To Tennessee From High-Taxed States: Gustan Cho Associates Mortgage Group are experts in mortgage financing We are Direct mortgage lenders without any LENDER OVERLAYS Lately, we have received more and…
ByAlex Carlucci
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This BREAKING NEWS Article On The Fed Approves 25 Basis Point Rate Cut But Is Divided In Future Action BREAKING NEWS On The Fed Approves 25 Basis Point Rate Cut: The Federal Reserve Board Announced the central bank will cut interest rates by 25 basis points on Wednesday, September 18th, 2019 The mortgage markets were…
ByGustan Cho
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This ARTICLE On The Federal Reserve Board Interest Cuts And How It Benefits Home Buyers Was PUBLISHED On September 18th, 2019 Federal Reserve Board Interest Cuts announcement should be expected this week. Federal Reserve Board Chairman Jerome Powell is expected to announce a 0.25% interest rate cut sometime this week Many home buyers, sellers, real…
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