Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.
Today on the Ilyce Glink show, Ilyce talked about HUD Secretary Shaun Donovan's announcement this week that first-time buyers would be able to use their $8,000 tax credit to offset some FHA loan program costs and then put the rest toward a larger down payment - after coming up with the initial 3.5…
Topics: foreclosure, housing market, tax credit
This morning, HUD Secretary Shaun Donovan announced a new program that will allow first-time buyers to use the $8,000 tax credit toward FHA loan costs, rather than wait to file their 2009 tax returns (in 2010) to get the cash. We've published the Shaun Donovan HUD statement and the FHA Mortgagee…
Topics: down payment, national association of home builders, tax credit, FHA loans
Today's the last business day in May. We're two months into the second quarter of 2009 now. Here's hoping June will be a positive month for the economy.
The Commerce Department announced the real gross domestic product (which takes inflation into account and tracks the value of all goods and services…
Topics: personal finance advice, personal finance
Fewer Americans filed first time unemployment insurance claims last week, the Department of Labor reported this morning.
The seasonally adjusted estimate was 623,000, down from 636,000 the prior week.
For the week ending May 16, it appears that layoffs are beginning to slow down. Thirteen states saw…
Topics: personal finance advice, personal finance, job advice, job search, unemployment
consumer advice credit estate planning home buying ilyce glink mortgage mortgage lenders mortgage loan personal finance advice real estate real estate advice real estate agent refinance mortgage selling taxes
