What is private mortgage insurance? – CFCB

Question: What is private mortgage insurance? Answer: Private mortgage insurance, also called PMI, is a type of mortgage insurance you might be required to pay for if you have a conventional loan. Like other kinds of mortgage insurance, PMI protects the lender—not you—if you stop making payments on your loan. …

In Colorado, Legal Pot Increases Housing Values – Pacific Standard

Homeowners are getting high, and so is the value of their residences. If you want the value of your house to increase, make sure it’s in a neighborhood with desirable features. Good schools. Reliable public transportation.   And, of course, easy access to marijuana.   A new study reports the …

Boehner And Trump And Cannabis, Oh My! Big Changes Coming To Legal Marijuana – Forbes

President Trump has confirmed a deal with Colorado Senator Cory Gardner to let Colorado make its own cannabis legalization decisions in exchange for the Senator not holding up Department of Justice nominations. John Boehner joined the advisory board of a marijuana company, despite being anti-legalization when he was Speaker of …

Are Property Values Affected by Weed Legalization? – High Times

The Green Rush has had an interesting effect on the housing market in legal states. Only a little over a year has passed since the heated 2016 elections. And the memory still hangs heavy like fuzzy smoke in a hot-boxed room. Yet, those monumental elections served Americans heaping helpings of …

7 ways the Fed’s decisions on interest rates affect you – Bankrate

When the Federal Reserve raises interest rates, you feel it.   “The Federal Reserve has its fingers in your pocketbook to a greater degree than the IRS,” says Michael Reese, a CFP professional in Traverse City, Michigan.   The Fed most recently raised rates in December and forecast that there …

Colorado State University-Pueblo’s Institute of Cannabis Research – Denver Post

In a groundbreaking new study, a report released Monday from researchers at Colorado State University-Pueblo finds that the marijuana industry provides a net positive economic benefit to Pueblo County, even when accounting for demands on law enforcement and social services.   The report estimates that the marijuana industry had an …

2018’s Housing Market Is Off And Running: What You Need To Know – Forbes

Realtor.com recently released its January 2018 housing trend analysis for the top 500 metro areas. Overall, it looks like 2018 is off to a good start in most markets. Affordability for first-time buyers combined with low inventory makes it a seller’s market for entry-level to mid-tier homes, defined by realtor.com …