Gene's Chicagoland Mortgage Blog: Mortgage, Credit, and Real Estate News ... July 8, 2014

Here's this week's news, info, and timely articles I though you'd find of interest and benefit to your business ... and your daily life.

Should you have specific topics or questions you'd like me to cover and address in future posts, please let me know. Your suggestions and input are appreciated!

Real Estate isn't only about buying and selling ...

When you get down to it, it's about MOVING. Everything revolves around the preparation for it ... and MOVING DAY itself.

"Click" on the pic below to get a handy Moving Checklist. It'll help your clients get and stay on-track for their upcoming move!

It's unfortunate. But Divorces happen ...

When they do, the marital home is often a matter of big concern. Should the home be sold .. or can it sell? Who stays? Who goes?

"Divorces: How They Affect Marital Property" addresses some of the questions and issues that I see most often surrounding this topic.

Should you have questions ... or if your clients do, please feel free to contact me. I'm ready to help ...

5 Things You Shouldn't Keep in Your Car ...

A few of the articles mentioned in the following post seemed like a "no-brainer". But the mention of 2 items seemed worth pointing out to those of us that use cars as a "rolling office".

Read this article and give special note to why cell phones and GPS systems shouldn't be left in your car ... (MORE ...)

The following is a good article to download/print/keep. It has stats that could prove valuable to you when working with a First-Time Home Buyer ... or someone "sitting on the fence" regarding a home purchase.

Remember: Should you need specific info regarding Interest Rates and Closing Costs for your client, don't hesitate to contact me.

Gap between Renting and Buying costs closing in U.S. cities ...

The gap between renting and buying is narrowing across cities in the United States but home ownership is still 38% cheaper than renting and will be until interest rates reach 10.6%, new research shows.

With interest rates at a fixed rate of *4.5% buying is 38% cheaper than renting nationally, compared with 44% a year ago, according to the latest report from real estate online firm Trulia. (MORE ...)

(* Remember, Interest Rates fluctuate. For current corresponding rates, please contact me.)

As always ...

Should you have questions or needs, give me a shout. Your Mortgage Referrals are always greatly appreciated.

Gene

Gene Mundt

Mortgage Lender - NMLS #216987

American Portfolio Mortgage Corp.

NMLS #175656