July 2, 2024
Mortgage

Mortgage assistance available to Illinois home buyers through IDHA

Illinois Housing Development Authority is offering  up to $10,000 in free assistance to people wanting to buy a home. “Every Illinoisan deserves the opportunity to become a homeowner, regardless of their ZIP code,” Gov. J.B. Pritzker said. “That’s why my administration is committed to helping prospective homeowners — especially those from historically disadvantaged communities —

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Loans

Appeals court allows part of Biden student loan repayment plan to go forward

WASHINGTON (AP) — A federal appeals court has allowed the U.S. Education Department to move ahead with a plan to lower monthly payments for millions of student loan borrowers, putting on hold a ruling last week by a lower court. The ruling from the 10th U.S. Circuit Court of Appeals puts back on track a

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Mortgage

Barley MacTavish helps family of six with mortgage payment

EDITOR’S NOTE – The Barley MacTavish Fund was established to assist Midland County residents facing financial hardship or distress. To request assistance from the Barley MacTavish Fund dial 2-1-1 and ask to speak to the Connections Manager for the 211 of Northeast Michigan LIFT Program. There is no real Barley MacTavish. This fund was established by

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Mortgage

Why your 3% mortgage may make you ‘richer’ in California

Just over 77% of existing mortgages in California are below 4.2%, according to new research from the Federal Housing Finance Agency. Meanwhile, the average 30-year fixed mortgage rate recently climbed to 7.17%.  Jessica Christian/The Chronicle If you’re in California, there’s a strong chance you might be — one of the fortunate holders of a 3% mortgage

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