New Bill to Protect Seniors from Foreclosure
Reverse mortgages have come under intense scrutiny due to perceived abusive lending practices, particularly concerning seniors. Congress met after the publication of a special report conducted by USA Today, with help from Grand Valley State University and the McGraw Center for Business Journalism. The report showed borrowers being forced into foreclosure over property tax debts…
Why Have Rent Costs Increased?
Once upon a time, affordable rent costs kept many people from the long-term commitment of a mortgage. However, a recent report from the National Low-Income Housing Coalition shows that rents have gone up exponentially over the past 10 to 15 years. One-bedrooms that used to rent for $700 a month are now reaching highs of…
Should You Sell Your Home In 2019?
Every homeowner wants the best deal when selling their property. However, the housing market can often be as unpredictable as the stock market! There are many factors involved in determining the value of a home. Even if the overall consensus says it’s time to sell, there could still be a reason why you don’t get…