DuPage County

Feb. 28, 2024

How do changing mortgage rates impact you

 

 

 

 

 

Some Highlights

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Feb. 21, 2024

Are you waiting for mortgage rates to drop this year

There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall.

And if you’re looking to buy or  ...

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Feb. 14, 2024

WHY SO MANY PEOPLE FALL IN LOVE WITH HOME OWNERSHIP

 

 

 

 

Chances are at some point in your life you’ve heard the phrase, home is where the heart is. There’s a reason that’s said so often. Becoming a homeowner is emotional.

So, if you’re trying to decide if you want to keep on renting or if ...

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Feb. 7, 2024

Houses Are Still Selling Fast

 

 

 

 

Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal.

The graph below uses data ...

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Jan. 31, 2024

What impacts mortgage rates

 

 

 

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?

 

The answer is complicated because there’s a ...

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Jan. 25, 2024

MUST DO WHEN SELLING YOUR HOME

 

 

 

 

 

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.

A great way to balance those emotions and ...

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Jan. 17, 2024

Mortgage rates fall well below 7%

 

 

 

 

Homebuyers got an early holiday gift at the end of 2023 as mortgage rates reversed course, dropping more than a full percentage point and settling below 7% by mid-December. Before this drop, rates had hovered above 7% since August after peaking at around 8.00% in ...

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Jan. 9, 2024

What my purchasing power with declining mortgage rates

 

 

 

 

If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7 ...

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Dec. 27, 2023

How to Improve your credit score

 

 

 

 

As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it’s never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score.

Lenders ...

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Dec. 20, 2023

Will mortgage rates continue their decline

 

 

 

 

When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know.

The Federal Funds Rate Hikes ...

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