"Cook County Tax Bills Are in the Mail ? How to Appeal Real Estate Taxes in Cook County, Dupage County and Throughout the Chicago Area" On GlobalMoneyPortal

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Cook County Tax Bills Are in the Mail ? How to Appeal Real Estate Taxes in Cook County, Dupage County and Throughout the Chicago Area

From Illinois Mortgage Rates and News, 1 year ago, Read 0 times. Similar articles

Now that the election is over, the 2nd installment of Cook County real estate tax bills are now out. The tax bills are due to be paid next month, and this is sure to dampen some home owner's holiday spirit. Especially when you consider that the first installment of the 2010 bills will be due just a few months later.  Home values have gone down sharply over the last few years, but the accessed values aren't going in the same direction. No one wants to pay extra for taxes when their values... Read more
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Chicago Illinois Current Mortgage Rates for Today 1/11/2010

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

With no economic reports released today, this was a quiet day in the market. Rates are basically unchanged today, but the trend is favorable, in the short term. If you look out a little further, there are still some big reasons why mortgage rates will be rising. If you are on the fence about buying a home this year, or thinking about doing it but not ready yet, these low rates should be motivation to do it sooner rather than later.  Here are the current Chicago Illinois Home mortgage... Read more
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The Top 13 First Time Home Buyer Tips to Make Sure You Buy the Right Home at the Right Price, With the Right Terms ? And Don't Go Insane in the Process

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

The weather is cold and snowy, the calendar is still stuck on January and we haven't even gotten to the Super Bowl, so all signs tell us this is Winter. But make no mistake, in real estate this is the start of Spring. The Spring home buying market is getting off to an early start this year because of the extension of the First time home buying credit and the possibility that mortgage rates will be higher as the year goes on. Tax refunds will be in the mail soon, and new home buyers are... Read more
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Chicago Illinois Current Mortgage Rates for Today 01/08/2009

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

Unemployment Still a problem ? 85,000 jobs lost, 10% unemployment rate A lot of financial pundits have been calling lately for an end to the recession and a gain in jobs. It looks like they may have gotten too far ahead of the curve. The unemployment report was released today showing a loss of another 85,000 jobs. This is much improved from where it was for most of last year, but the expectation was for a loss of only 35,000 and many analysts were calling for gains on the upside, with some... Read more
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Chicago Illinois Current Mortgage rates for Today ? 01/07/2010

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

Mortgage rates are flat today as the mortgage bond traders wait for the release of the unemployment report tomorrow morning. This jobs report is always one of the most anticipated reports for rate watchers, as it gives a quick snap shot of strength in the economy. Remember, bad news for the economy is good news for mortgage rates, so as the job picture improves, rates will continue to move up. This all comes down to fear of inflation. When job losses are high, like they were at this time last... Read more
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Chicago Illinois Current Mortgage Rates for Today 01/06/2009

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

Volatility has returned to the mortgage market and the rate trend is slightly higher today, though not enough to make a difference in most cases. Part of this may be based on economic reports, but a greater part is because mortgage bond traders are nervous, and want to lower their risk as they position themselves for the January unemployment report (this report usually has the biggest impact on mortgage rates) which comes out Friday morning. Today the ISM, a measure of strength in the service... Read more
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Chicago Illinois Current Mortgage Rates for Today ? 01/05/2009

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

After a Holiday season where mortgage bonds lost value and mortgage rates inched back to their highest rates in the last few months, the New Year is starting out on a positive note. There hasn't been a lot of economic data released, and what has been released is still a mixed bag. Factory Orders came in higher than expected with an increase of 1.1% compared to an expected 0.4%. But on the other side pending home sale numbers declined by 16% month over month, reflecting the end of the first... Read more
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A look Into the Crystal Ball ? Mortgage and Housing Trends for 2010 and Beyond

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

It's a new year and a new decade and while the passing of a year is normally a time for optimism, this year there are an awful lot of people who couldn't wait for the last one to end. This has been a time of great change, and the real estate and mortgage markets have been at the epicenter of these changes. Low interest rates and easy money blew up the real estate bubble, and when this popped, it was the trigger which nearly brought down our whole economy. So what lies ahead for the economy'... Read more
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Chicago Illinois Mortgage Rates Year in Review ? 2009, Uncle Sam Saves the Housing Market

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

It's the end of the year, so it is appropriate to look back at where we were and what has happen over the course of the year. The newspapers and magazines are filled with these reflections ? the top 10 lists of music, movies and such. Another end of year tradition is to name a man, or person, of the year. This has been a long, strange year in the mortgage and real estate market so I'm going to combine the list of what factors drove the market this year with my nomination for the man of the... Read more
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With an FHA Loan Your Home May be Worth More in the Future ? Assumable FHA Mortgages

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

I’ve talked a lot about advantages of FHA mortgages lately. FHA is the only low down payment program left standing, and with conventional guidelines tightening continually, more and more home buyers (including many who can qualify for conventional financing) are finding FHA to be the best alternative. Most of the reasons people choose FHA is because FHA works best for their present situation (the advantages include lower down payments, more flexible credit standards, better approval... Read more
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Chicago Illinois Current Mortgage Rates for Today ? 12-22-2009

From Illinois Mortgage Rates and News, 2 year ago, Read 0 times. Similar articles

Rates are sharply higher over the last two days. This is somewhat of a good news/bad news situation. The good news is that we are just days away from Christmas, and there aren't a lot of people locking in their loans now (if you are refinancing your mortgage you probably already locked in, and if you are buying a home you've likely put it on the back burner until after the holidays). The bad news is that if you are ready to lock in, your paying about a quarter point higher than what you would... Read more
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