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Chicago Mortgages

A collection of news and information related to Chicago Mortgages published by this site and its partners.

Top Chicago Mortgages Articles

Displaying items 89-99
  • Tips for 2-credit-score couples

    Ann Fleming has a theory about relationships, gleaned from the many couples she's counseled: Opposites attract. Fleming isn't a therapist; she's a Walnut Creek, Calif., financial planner who helps couples iron out money troubles. "People tend to...
  • Got the right stuff for loan? Then prove it

    Check your credit report and start digging for documents. A handshake, broad smile and verbal income estimate no longer will yield a mortgage but lenders still are looking for more than a few good borrowers. It's true that many consumers who secured...
  • Renting what you can't sell

    Renting what you can't sell
    When Ed Amaya put his Oak Park bungalow up for sale in mid-2007, homes in his neighborhood sold in a matter of days, weeks at the most. "We had some showings; got close to a deal," recalled Amaya. But as the housing market soured, a sale proved elusive....
  • Two-flat comeback

    Two-flat comeback
    Anup Bhattarai has been watching a lot of YouTube lately. Not that he has idle time on his hands -- quite the opposite, in fact. Bhattarai, 34, just bought a two-flat in Logan Square for $265,000, which he's rehabbing himself: repairing leaky pipes,...
  • Many underwater homeowners are deliberately walking away from mortgages

    Would you, under any circumstances, default on your home mortgage, even if you could afford to make the monthly payments? That's a trickier question than you might assume, according to new research from the University of Chicago's Booth School of...
  • The appraisal game has changed. Here's what you need to know.

    Tim McCarthy remembers what usually happened in the old days -- just a few years ago -- when a property appraisal would land on a mortgage lender's desk. "The lenders would get a two-page appraisal, they'd look at the bottom of the second page [at the...
  • Timeline: Christopher J. Dodd

    May 27, 1944: Born in Willimantic, the fifth of six children, to Sen. Thomas J. and Grace Murphy Dodd. 1966-68: Serves in Peace Corps in the Dominican Republic. 1968: Graduates Providence College. 1969-1975: Serves in the Army Reserve. 1970: Marries...
  • Vegas dreamers go all in

    Vegas dreamers go all in
    An arctic evening in Minnesota: Tracy Bridges shivered near her apartment window, weary of snowstorms and slender paychecks. She was 27, making $23,000 dealing blackjack at an Indian casino in Duluth, and couldn't shake thoughts of those dealers who had...
  • Buy now: Time is running out on the first-time buyers tax credit

    Buy now: Time is running out on the first-time buyers tax credit
    This article contains revised material. The federal government, through the American Recovery and Reinvestment Act of 2009, is offering a leg up on home ownership. But don't be caught lagging behind. A tax credit of up to $8,000 is available for...
  • Where's relief for homeowners who played by rules?

    Where's relief for homeowners who played by rules?
    The misdeeds on Wall Street that worsened the financial crisis have created a legion of angry homeowners asking, "Where's my bailout?" Some homeowners feel justified in walking away from their mortgages. After all, banks and other financial companies...
  • Buying a foreclosure

    Buying a foreclosure
    One way to help an ailing housing market regain its health is to clear the books of foreclosures. Buying foreclosed properties can help mitigate this sad chapter and turn to a promising new one by ensuring a neighborhood maintains its value and property...