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Chicagoland NW Suburban IL Real Estate & News: Mortgage Market Update – Now is the time to Buy in NW Chicagoland – Rates are great!

Joe Stacy — Wed, 16 Jun 2010 06:07:46 +0000

Mortgages, Mortgages, Mortgages! NOT the most exciting topic of conversation – but something to talk about in the Real Estate market. I know I have been pretty quiet about what is going on in the mortgage market. There is a reason for this – not much is going on! But this is a great sign … Continue reading Chicagoland NW Suburban IL Real Estate & News: Mortgage Market Update – Now is the time to Buy in NW Chicagoland – Rates are great!

Chicagoland NW Suburban IL Real Estate & News: Mortgage Market Update – Now is the time to Buy in NW Chicagoland – Rates are great! is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy

Fed Slashes Key Rate to Near Zero

Joe Stacy — Mon, 29 Dec 2008 22:55:18 +0000

In view of a weakening of the economic outlook and increasing downside risks to growth, the Federal Reserve board on December 16th dropped the target short-term interest rate, to .25%, the lowest level in history. This basically means that banks can borrow money from each other at relatively no cost. This now pushes the Fed’s … Continue reading Fed Slashes Key Rate to Near Zero

Fed Slashes Key Rate to Near Zero is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy

Your Chicagoland Mortgage Market Update – 12/8/08

Joe Stacy — Mon, 08 Dec 2008 21:00:43 +0000

“I KNEW THE RECORD WOULD STAND UNTIL IT WAS BROKEN.” -Yogi Berra. And while last week’s Jobs Report wasn’t the worst record breaker of all time, it showed a loss of 533,000 jobs during the month of November, which represented the most job losses the US has seen in 35 years. And adding more pain … Continue reading Your Chicagoland Mortgage Market Update – 12/8/08

Your Chicagoland Mortgage Market Update – 12/8/08 is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy

Your Chicagoland Mortgage Market Update- 12/2/08

Joe Stacy — Tue, 02 Dec 2008 16:17:48 +0000

It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options. While you are in the process of applying for your mortgage loan, interest rates will most … Continue reading Your Chicagoland Mortgage Market Update- 12/2/08

Your Chicagoland Mortgage Market Update- 12/2/08 is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy

Your Chicagoland Mortgage Market Update- 11/24/08

Joe Stacy — Tue, 25 Nov 2008 00:09:26 +0000

“THE IMPORTANT THING IN THIS WORLD IS NOT SO MUCH WHERE WE STAND, AS IN WHAT DIRECTION WE ARE MOVING.” -Oliver Wendell Holmes. And when it comes to the direction our economy may be moving, there was some surprising news from the Fed last week that the “Minutes” from their October meeting revealed. After years … Continue reading Your Chicagoland Mortgage Market Update- 11/24/08

Your Chicagoland Mortgage Market Update- 11/24/08 is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy

Your Chicagoland Morgage Market Update- 11/10/08

Joe Stacy — Mon, 10 Nov 2008 14:51:39 +0000

“What do you need a fancy suit for Charlie, you got no job to wear it to”. From the 1984 movie, The Pope of Greenwich Village. And there are a lot of fancy suits not being used, due to the massive job losses of late. The Labor Department reported that 240,000 jobs were lost in … Continue reading Your Chicagoland Morgage Market Update- 11/10/08

Your Chicagoland Morgage Market Update- 11/10/08 is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy

Your Chicagoland Mortgage Market Update- 10/20/08

Joe Stacy — Mon, 27 Oct 2008 13:45:33 +0000

“I’m always making a comeback but nobody ever tells me where I’ve been.” Billie Holiday. Making a comeback was exactly what Bonds and home loan rates attempted last week, after approaching some of their worst levels this year. While the Bond market was closed last Monday in Observance of Columbus Day, the early part … Continue reading Your Chicagoland Mortgage Market Update- 10/20/08

Your Chicagoland Mortgage Market Update- 10/20/08 is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy

Your Chicagoland Mortgage Market Update – 10/6/08

Joe Stacy — Tue, 07 Oct 2008 15:09:23 +0000

TO PASS OR NOT TO PASS? That was indeed the question of the week…and the final answer came on Friday, as the House of Representatives followed the Senate’s lead and passed the $700 Billion rescue plan. The week began with the House initially voting against the plan on Monday, causing Stocks to plunge in their … Continue reading Your Chicagoland Mortgage Market Update – 10/6/08

Your Chicagoland Mortgage Market Update – 10/6/08 is a post from: Chicagoland Northwest Suburbs | Real Estate & Community with Joe Stacy