Archive | October, 2009

Today’s Mortgage Rates at All Time Lows

Written by: - October 5, 2009

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5 October 2009 ? Today the bonds opened up 9bps and they have rallied most of last week to bring mortgage rates to previous all time lows once again. If you are interested in refinancing, now would be the ideal time to contact your mortgage professional. The economic news has not been so great over [...]

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A Solution-Oriented Market

Written by: - October 5, 2009

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5 October 2009 ? As we enter into the final quarter of the year, the writing is on the wall for how the Chicago real estate market will end up. There is be an increasing number of transactions happening at lower price points. For sellers it is the realty of pricing and the competing inventory. [...]

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Major FHA Loan Changes Coming in 2010

Written by: - October 1, 2009

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1 October 2009 ? The ever evolving lending world is changing yet again. As of January 1st, 2010 the Federal Housing Administration will be shifting responsibility of FHA insured loans off of the mortgage broker and solely on to the lender funding the loan. This was/is designed to spur on home sales and we all [...]

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