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Breaking News

Breaking News

Illinois Home Values Decline Due To Rising Property Taxes

This ARTICLE On Illinois Home Values Decline Due To Rising Property Taxes Was PUBLISHED On December 7th, 2019 Illinois holds the second-place record for having the highest property taxes. New Jersey holds the throne as having the highest property tax rate in the NationHowever, New Jersey's property taxes have stabilizedMany counties in Illinois still plan on increasing property taxes to meet its budget deficitOne example is ChicagoChicago is the highest taxed city in the countryChicagoans pay an average of 10.75%

Jobs Growth For November 2019 Skyrockets To 50-Year Record

This breaking news article on Jobs Growth For November 2019 Skyrockets To 50-Year Record Was PUBLISHED On December 6th, 2019 Gustan Cho Associates Jobs Growth numbers were released this morning by the U.S. Labor Department. The job growth numbers came in better than expected sending the Dow Jones Industrials soaring triple digitsThe U.S. economy is booming under the Trump AdministrationWe have record unemployment numbers, low inflation, low-interest rates, rising home prices, and the best economy in historyAll the

2020 FHA Loan Limits Increases To $331,760 On FHA Loans

This ARTICLE On 2020 FHA Loan Limits Increases To $331,760 On FHA Loans Was PUBLISHED On December 6th, 2019 BREAKING NEWS: 2020 FHA Loan Limits Increases To $331,760 On FHA Loans due to rising home prices: If you are looking to purchase a home in 2020 with an FHA mortgage, you may be able to buy a more expensive houseThe Federal Housing Finance Agency (FHFA) has released increase limits for conforming mortgagesThe Federal Housing Administration, overseen by the U.S. Department of Housing and Urban Development

Chicago Expected To Hike Property Taxes Due To Budget Deficit

This ARTICLE On Chicago Expected To Hike Property Taxes Due To Budget Deficit Was PUBLISHED On December 5th, 2019 Chicago Expected To Hike Property Taxes due to the massive budget deficit. Chicago is now ranked as the highest taxed city in the United StatesChicagoans can expect to pay close to 11% in local, county, and state taxesChicago has the highest property tax rate in the nationBut WAIT!!! Chicago Expected To Hike Property Taxes againExperts warn homeowners to expect multiple property tax hikes during Mayor

HUD 2020 Loan Limits On FHA Loans Increases To $331,760

This ARTICLE On HUD 2020 Loan Limits On FHA Loans Increases To $331,760 Was PUBLISHED On December 4th, 2019 As expected, HUD, the parent of FHA, has increased FHA Loan Limits to $331,760 for most counties in the U.S. HUD 2020 Loan Limits increased for four years in a rowPart of the HUD 2020 Loan Limits increase is due to increasing home pricesThe U.S. Department of Housing and Urban Development (HUD) normally follows the Federal Housing Finance Agency (The FHFA) when the FHFA increases conforming loan limitsThe

2020 Conforming Loan Limit Increase Takes Effect Immediately

The ARTICLE on 2020 Conforming Loan Limit Increase Takes Effect Immediately Was PUBLISHED On December 4th, 2019 2020 Conforming Loan Limit Increase Takes Effect Immediately at Gustan Cho Associates. By now you may have heard of the updated conforming loan limit thresholds for 2020Recently the Federal Housing Finance Agency (FHFA) released loan limits for the calendar year 2020, and they have increased from 2019 ($484,350) to 2020 ($510,400)In this blog, we will detail how you can take advantage of the updated loan

2020 Conventional Loan Limits Increases To $510,400

This ARTICLE On 2020 Conventional Loan Limits Increases To $510,400 Was PUBLISHED On December 2nd, 2019 Gustan Cho Associates have some good news to bring our readers. Similar to years prior, the Federal Housing Finance Agency (FHFA) has announced the maximum conforming loan limit will once again be raised for the calendar year of 2020The increase is set for conforming loans that will be acquired by FANNIE MAE and FREDDIE MAC to be raised to $510,400The loan limit for 2019 is $484,350, which was a nice increase

Chicago Ranks As Highest Taxed City In The Nation

This ARTICLE On Chicago Ranks As Highest Taxed City In The Nation Was PUBLISHED On November 30th, 2019 Chicago is the nation's second-largest city. Downtown Chicago is probably the most beautiful city in the worldDowntown Chicago is home to three of the world's largest buildings, home of major colleges and universities, and a major international economic engine for all industriesThe city borders beautiful Lake Michigan and attracts millions of national and international visitorsHowever, recent data shows Chicago
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