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  When shopping for a mortgage, the Loan Estimate is going to be your shopping tool. It’s a treasure trove that reveals a wide range of costs and other valuable information. The Loan Estimate or LE replaced the Good Faith Estimate or GFE a few years ago when the Fed put into place some new rules. The GFE showed the rates and closing cost but did not show other important aspects the loan. The LE is a 3-page document that clearly and simply shows the following: Loan Amount Interest Rate Monthly Payment Type of loan and amortization If there are …

  I envy the first Italian Americans: those brave souls who catapulted themselves into the unknown and stared down countless hardships to create a better life for their families in a strange, new land. They brought with them little more than the shirts on their backs and the culture that shaped them, but that was more than enough. Settling with their paesani in ethnic enclaves, they reconstructed that culture from the ground up, celebrating La Vita Italiana in their homes, businesses, places of worship and wherever else they gathered. Family recipes were prepared by heart in their kitchens, canzoni popolari …

  I’ve had more than a few good cries since my father passed away in early May. He lived a long life and he was busy and robust until the end, and I’m grateful for that. But in some ways, it makes the loss even harder to bear. Tears still flow over the smallest of things, like driving to Joseph’s Finest Meats for the first time without my dad’s sausage order in hand; or giving his last bay leaf plant a new home in my backyard; or sorting through old photos of him with his parents, or of his parents …

A sixth-generation Italian American with a profound connection to her roots, Carla Simonini, Ph.D., arrives in Chicago next month to lead Loyola University’s Italian-American Studies program. Complimenti! It took five years, a massive fund-raising campaign that netted $500,000 and a historic commitment by Loyola University of Chicago, but our metropolis finally has an Italian-American studies program to call its own. Though the program is based at Loyola, which matched the $500,000 to create a $1 million endowment, organizers say it also belongs to the local Italian-American community, which will be invited to participate through a variety of outreach efforts. These …

After 70 years in Italian America, I am still searching for the “Queen of Little Italy.” No, she’s not one of those lovely young ladies who reign over the Columbus Day Parade. My queen was short and stout and tough, and she packed a gun. She died in 1920. In her day, she controlled more votes than any other woman in Chicago. She was a midwife who delivered her voters into the world at their birth and to the polls on election day. She was a strong leader who in her time defied every stereotype of women, Italians and immigrants. …

Someone asked me an innocuous question about how to find their grandfather on a passenger list. Eighteen hours later, I discovered that a LOT has changed. A few years ago, the only way to find a passenger list was via microfilm. These days, it’s easier but it’s harder! To find your ancestor’s passenger list, you need to know: Ancestor’s name in the old country Approximate age Port he arrived at in America (it’s not always New York!) Ship he came in on Date he arrived You can use the declaration of intention or petition for naturalization to get this information. …

  Beset by never-ending winter’s woes Plans thought of, yet once again discarded askance Alas, perchance I come upon hope To plan with permanence After suffering through a long drab winter, enduring an April and May that was more winter than spring, and playing catch-up through the month of June, we’ve finally arrived at midsummer. Though our summer may lack the drama of one of Shakespeare’s plays, it’s time for us to stake a claim and make this season our own. Let’s take a trip back to earlier summers in Roseland where “The Ave” (Michigan Avenue) was the center of …

  Congratulations on purchasing a home and no longer having to pay rent! Now the fun begins, though it won’t always be inexpensive. Regardless of the cost, here are some items to handle right off the bat to prevent problems down the road. Did your home inspector go into the attic? How is the insulation up there? Is it damaged or insufficient to meet your needs? If so, the Department of Energy has a wonderful guide on attic insulation. After you’ve checked out the guide, contact your accountant since occasionally there are government incentives to reinsulate your attic. While we’re …

  The Fed raised rates a quarter point in March bringing the prime rate up to 4.75 percent. Fed Chairman Jerome Powell stated that the economy is doing well and that the increase is in line with the Fed expectations. The Fed has stated that they are expecting to increase rates a total of three times this year, at .25 percent each time, and two times in 2019. The unemployment rate in March ticked up to 4.1 percent from 4.0 percent, which is still historically low. Meanwhile, wage inflation remained tame, allowing the Fed to stay the course with its …

  Many homes are under-marketed not as a result of insufficient advertising or lack of effort on the part of the broker. The main reason is the absence of additional details on the listing sheet, and those are missing mainly because the seller doesn’t think the buyer would be interested. Most listing sheets focus on the same standard items. What you fail to mention might just give your home a leg up over the one down the street. A lot of homeowners have “gone green” in recent years. Do you clean your home using only natural or hypoallergenic products? What …