Currently viewing the tag: "Chicago Mortgage Loans"

Chicago Loan Rates Holding

On November 18, 2009 By

Refinancing Activity Drives Applications

The Bankers Association report shows that the refinances were up 1.4% last week and increased to nearly 73% of loan applications last week.  The 30 Fixed Rate came in at an average of [...]

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Chicago Mortgage Rates Rally…Again

On November 9, 2009 By

We’ve been in a pretty good trend lately and rates are dropping.

Repeat after me:  Every time that rates have hit 4.75% this year they have promptly jumped somewhere between .375% and .625%.  We’re getting close to 4.75% again.

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Chicago Mortgage Rates This Week : September 8, 2009

On September 8, 2009 By

Loan Rates – Week in Review

As a whole, mortgage markets improved slightly last week, but closed out the week higher than their best levels of the week.

On Wednesday, we actually touched an 8-week low [...]

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100% mortgage

On January 1, 2009 By

A 100% is a mortgage loan that requires no borrower downpayment; the loan amount covers the full purchase price of the property. The borrower may be required to provide another source of collateral, in addition to the property itself, to secure [...]

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