First Time Home Buyers
From the monthly archives: December 2009
Another month, another good housing statistic.
Continue Reading →Loan rates have been under heavy selling pressure for a few weeks now. We’re hitting some key levels of support where the trend can either reverse or possibly still get much worse. It is a light trading week due to the holiday so volatility could move rates [...]
Continue Reading →We talk a lot about the home affordability measures that look at home price and mortgage rates to calculate the cost of housing.
Continue Reading →Last week saw dramatic sell-offs through a holiday-shortened week. Forecast is for continued volatility this week.
Current Chicago Home Mortgage Rates No Origination Fees or Origination Points On These Rates, Read Assumptions for Full Details. 30 [...]
Continue Reading →What should we expect this week?
Continue Reading →Yesterday’s November Existing Home Sales revealed strength in the housing market.
Continue Reading →It has been an ugly few weeks. Today, we are getting a slight reversal and rates are improving.
This was a slight earthquake but it wasn’t the “big one.” We’re still sitting in a tight range near 5% for mortgage rates. The Fed’s share of mortgage [...]
Continue Reading →Home resales are soaring.
For the fourth consecutive month, we bring news that today’s buyers already know:
Continue Reading →The market has been a strong downtrend for mortgage bond prices, pushing mortgage rates higher, for nearly a month now. We’re currently in the middle of a two-day cruncher that is sending mortgage rates past 5% and [...]
Continue Reading →Chicago mortgages saw a drastic jump yesterday.
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