Home Buying

Should I Buy a Home Now? Or Wait Until Next Year?

Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019. CoreLogic predicts home prices to appreciate by 5.1% …

Continue Reading
Home Buying Mortgage and Financing

Mortgage Cost Across Time

Mortgage Cost Across Time Thinking of Moving? Rates are expected to go up, but they are still low. Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next …

Continue Reading
Home Buying Mortgage and Financing

The First Step When Buying a Home

First Step When Buying a Home Why Getting a Loan Pre-Approval is the First Step in the Home Buying Process. In many markets across the country, in most of suburban Chicago communities, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This leads to a more competitive marketplace than …

Continue Reading