Dear Annie: After years of fiscal discipline, my wife and I have paid off our mortgage. We contemplated having a mortgage-burning party to celebrate but were advised this would be in poor taste and akin to bragging. While we are justifiably proud, we don't wish to offend anyone. What is your opinion?
Gov. J.B. Pritzker held off filling top vacancies at Illinois' unemployment office because he was planning to merge it with another state department. Then COVID-19 upended the nation. Starting in March, as authorities shut down businesses and schools and 2 million Illinois workers flooded the state for jobless benefits, the state Department of Employment Security was already at one of its weakest moments in recent history, records and interviews show.
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Interest rates recently hit all-time lows as the Federal Reserve made cuts to mitigate the financial impacts of COVID-19. If you're a homeowner with a monthly mortgage payment, you might be wondering if now is a good time to refinance. While a lower interest rate may yield a more affordable monthly payment, there are other factors to consider.
Skip to content In today's Daily Download episode, HousingWire covers a report from United Wholesale Mortgage that shows record loan volume for the third quarter of 2020. For some background on the story, here's a summary of the article: Just one quarter away from its expected public debut, United Wholesale Mortgage reported record loan volume in the third quarter.
What little I know about the martial arts is a result of misspelling, transposing a couple of letters in "marital." I have heard that one principle of some martial arts is to use the weight and force of one's opponent against him.
Ask Bankrate is a recurring feature where Bankrate's experts answer your financial questions. Visit this page for more information on how to submit your question. Click on a question here to jump straight to it. What are the risks in reverse mortgages for those in retirement? - Jerome C.
25. Visalia, California The capital city of Iowa consistently ranks high for quality of life, so long as you don't mind the weather. "Hot, humid summers, followed by bone chilling winters" is the city's greatest drawback, says Mike Warden on Quora.
We chose the following lenders as the best refinance companies because they have lots of experience, good loan options, and strong customer satisfaction ratings. We recommend comparing a few of these lenders to see which one is best for your situation. The best refinance company for you will depend on your current loan, your finances, and your long-term goals.
One of the biggest decisions divorcing couples face is what to do with the marital home. If the breakup is acrimonious, trying to agree on the house and the mortgage can be a nightmare.
If you have an FHA loan and think you could get a better deal with a new FHA loan, doing an FHA Streamline Refinance could be a smart move. At a minimum, you'll save time and money on an appraisal, which isn't required for this type of refinance.
ATLANTA, Oct. 15, 2020 /PRNewswire/ -- First Community Mortgage (FCM) has named Tracey Retzer (NMLS #973683) Vice President of its Wholesale and Correspondent divisions. Retzer is an experienced leader with 15 years' progressive experience in banking and the mortgage industry.
First Community Mortgage named Tracey Retzer vice president of its wholesale and correspondent divisions. Retzer has 15 years of progressive experience in the banking and mortgage industry. "Her expertise and knowledge will help us continue to grow and meet goals.
Two key measurements of profitability have improved at many St. Louis banks this year despite the economic downturn during the Covid-19 pandemic and business shutdown. Return on assets (ROA) increased at First State Bank of St. Charles to 1.98% in the first half of this year, compared with 1.30% in the first half of 2019.
Rocket Mortgage continues to grow its product through partnerships with mortgage brokers and users outside its existing customer base. What Happened: Rocket Companies (NYSE: RKT) and Mint, an Intuit Inc (NASDAQ: INTU) company, announced a partnership Wednesday to bring the Rocket Mortgage platform to Mint users.
MCLEAN, Va., Oct. 14, 2020 (GLOBE NEWSWIRE) -- According to Freddie Mac's (OTCQB: FMCC) Quarterly Forecast, total mortgage origination volumes increased over the last several months as many homeowners took advantage of historically low mortgage rates. "Even as the economy faces challenges from the coronavirus pandemic, the housing market has been showing strength," said Sam Khater, Freddie Mac's Chief Economist.
Since March, mortgage rates have fallen steadily. Over the same period, Americans have saved more: Bureau of Economic Analysis data shows that although the personal saving rate fell from its record 33% in April, the August 2020 personal saving rate remained high, at 14.1%.
A lot of people had debt before the coronavirus pandemic began. But at this stage of the game, it's fair to assume there are many folks who've had no choice but to add to their debt due to the ongoing crisis.
Keeping everything in and around your home in good working condition can give you peace of mind, protect your asset and save you money. That's because without routine home maintenance, larger (and potentially avoidable) repairs or replacements can cost you hundreds or thousands more than you're prepared to pay.
Planning for life after death is never an easy topic to approach. However, doing so now can provide your loved ones with great benefits in the long run. One of the best ways to ensure your loved ones are [...]