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Among the main changes to mortgage loans in the past year or two are the availability of low down-payment loans, a loosening of the debt-to-income ratio requirements and easing of rules about how student loan payments are calculated.
Many lenders loosening requirements for homebuyers
Pushback against overly tight credit after the housing crisis, a shrunken proportion of first-time buyers and worry about affordability as home values rose has led to some tweaks to guidelines that could ease financing pressures for homebuyers this year.
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The proprietors behind Arlington Beer Co. want to open their microbrewery and tap room on Hickory Avenue in Arlington Heights. But for that to happen, Arlington Heights leaders would have to approve changes in village code.
Arlington Heights might change rules to allow microbrewery
The bonuses promised to 36,000 unionized Disney theme park workers after President Donald Trump’s tax law was signed are at the center of a dispute between labor groups and the company.
Disney workers accuse company of withholding their Trump tax cut bonuses
Cost overruns are the biggest danger you could face when building a home.
How to buy a house that hasn't been built yet
Mark R. Raymond
Business Ledger Boomers seek business succession
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