The 30 Year Fixed

A Strong Option in a Weak Economy If you have been weighing your options in the housing market you may want to make your decision to buy or refinance now while rates as well as home prices remain low. The 30-year fixed rate mortgage loan has long been the steady favorite of products offered to ...

Labor Day

Labor Day has been a national holiday since 1894. It all began right here in Chicago with the strike by the American Railway Union at the Pullman Co.  After several innocent workers were killed President Grover Cleveland intervened and signed a law designating the first Monday in September, Labor Day. Labor Day is a day ...

How Can HARP 2.0 Help You?

The Home Affordable Refinance Program, also known as HARP 2.0, was released in March 2012 and gave borrowers an opportunity to refinance to a lower rate and save on their monthly mortgage costs. Before this program borrowers could owe no more than 125% of the value of their home. The new guidelines have no limit ...

What FICO Score is used?

Planning Ahead for Home Ownership:

Establish good credit habits. Use credit cards responsibly. Create a spending budget and don’t exceed the limit. Keep up with your monthly payments, making sure to pay them on time. Start saving for a down payment. The larger the down payment you can put on a house the less interest you will have to pay ...

Is It Time To Buy?

There is more demand for a rental property now than ever. This high demand is causing rent prices to skyrocket. If you are looking for a long term lease your mortgage could be less than you’re paying in rent per month! The mortgage bill for today’s homeowners is the best it has been in decades. ...

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