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illinois mortgage rates: Illinois Mortgage Rates - Mortgage Market Weekly Update - 09/05/08 11:25 PM
Welcome to Illinois Mortgage Rates and News week in review for the week ending September 5th, my take on the week's financial news and how it affected Illinois mortgage rates.
It's official. The biggest threat of inflation has passed and the weakening economy is our worst fear going forward (for this … (2 comments)

illinois mortgage rates: Illinois Mortgage Rates - Mortgage Market Update - 09/02/08 08:19 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending August 29th, my take on the week's financial news and how it affected Illinois mortgage rates.
Because this is a holiday weekend, (and I've had some computer issues as well) this is a shortened version of the … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates - Weekly Mortgage Market Update - 07/26/08 10:28 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending July 25th, my take on the week's financial news and how it affected Illinois mortgage rates.
There was a fair amount of mortgage related news this week, and even more rumors. The economic news was again mixed, … (0 comments)

illinois mortgage rates: Illinoi Mortgage Rates - Mortgage Week in Review - 06/29/08 12:00 PM
Welcome to Illinois Mortgage Rates and News week in review for the week ending June 27th, my take on the week's financial news and how it affected Illinois mortgage rates. The Fed took the spotlight this week, and as anticipated, they left interest rates the same but talked tough about the … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates - Mortgage Week in Review - 06/21/08 11:06 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending June 20th, my take on the week's financial news and how it affected Illinois mortgage rates.
Is it over yet? Not so long ago the big worry was that our economy was on the brink. Bad mortgages … (0 comments)

illinois mortgage rates: How to Get the Best Rate - Shopping for Your Illinois Mortgage loan - Part 2 - 06/17/08 11:58 AM
In the first installment of this series we looked at some of the things to look out for when shopping for your mortgage. Here are some more things to be aware of: Hidden Fees - As I said before, most lenders are borrowing money from the same sources and their cost … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates - Mortgage Market Week in Review - 06/14/08 10:49 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending June 13th, my take on the week's financial news and how it affected Illinois mortgage rates.
Over the last few weeks there has been a true change of direction in the mortgage bond markets. Mortgage rates have … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates - Mortgage Week in Review - 06/02/08 08:05 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending May 30th, my take on the week's financial news and how it affected Illinois mortgage rates.
Over the last several months mortgage rates have gone up and down in a relatively narrow range. The dangers of inflation … (1 comments)

illinois mortgage rates: How Will High Gas Prices Affect the Chicago Area Housing Market? - 05/28/08 11:09 AM
Oil prices are up to record highs. Last week the price went as high as $135 per barrel, and I've seen predictions that it will be $150 or even $200 per barrel by the end of the year. We've all seen how this spike in prices has affected gas prices at … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates- Mortgage Week in Review - 05/24/08 07:20 PM
Welcome to Illinois Mortgage Rates and News week in review for the week ending May 23rd, my take on the week's financial news and how it affected Illinois mortgage rates.
The economy has been on a tightrope for quite some time, perched above the brink, on one side inflation the other … (0 comments)

illinois mortgage rates: Illinois M0ortgage Rates Mortgage Week in Review - 05/17/08 09:55 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending May 16th, my take on the week's financial news and how it affected Illinois mortgage rates.
If you follow the news, it was a grim week with talk of natural disasters in Asia, an earthquake in China … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates Week in Review - 05/11/08 12:00 PM
Welcome to Illinois Mortgage Rates and News week in review for the week ending May 9th, my take on the week's financial news and how it affected Illinois mortgage rates.
This week offered more confirmation that our economy is a mess. Oil prices hit a new record, $126 per barrel. Food … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates Weekly Update - 05/03/08 11:05 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending May 2nd, my take on the week's financial news and how it affected Illinois mortgage rates.
There is one week every month where all the data hits at the same time, sending an overload of information to the … (2 comments)

illinois mortgage rates: Odds and Ends - Stimulus Checks, the Foreclosure Bus, and the Waiting Game - 04/29/08 10:14 PM
The Check is in the mail - The first batch of economic stimulus checks are going out this week. Anyone who files a tax return up through October of this year is eligible, and with payouts of up to $600 per individual and $300 for each child under 17, this should … (7 comments)

illinois mortgage rates: Illinois Mortgage Rates Weekly Update - 04/26/08 10:02 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending April 25th, my take on the week's financial news and how it affected Illinois mortgage rates.
There were a lot of mixed signals in the mortgage backed securities markets this week, and the upshot is that we are … (1 comments)

illinois mortgage rates: Illinois Mortgage Rates Weekly Update - 04/19/08 11:36 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending April 18th, my take on the week's financial news and how it affected Illinois mortgage rates.
In last weeks review I said that the calm in the mortgage backed securities market was unlikely to last, and that I … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates Week in Review - 04/05/08 12:01 PM
Welcome to Illinois Mortgage Rates and News week in review for the week ending April 4th, my take on the week's financial news and how it affected Illinois mortgage rates. This week was a good example of how bi-polar our financial markets have become. At the beginning of the week UBS, … (0 comments)

illinois mortgage rates: Illinois Mortgage Market Week in Review - 03/29/08 10:45 AM
Welcome to Illinois Mortgage Rates and News week in review for the week ending March 28th, my take on the week's financial news and how it affected Illinois mortgage rates.There is a certain kind of action movie where the hero (heroine?) moves from one disaster to another, each time escaping just … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates Week in Review - 03/14/08 10:29 PM
Welcome to Illinois Mortgage Rates and News week in review for the week ending March14th, my take on the week's financial news and how it affected Illinois mortgage rates.

Do you remember the scene in It's a Wonderful Life where they had the run on the bank? In the movie Jimmy … (0 comments)

illinois mortgage rates: Illinois Mortgage Rates Week in Review - 03/01/08 10:18 AM
Welcome to this week's Illinois Mortgage Rates and News week in review, my take on the week's financial news and how it affected Illinois mortgage rates.
The great physicist Isaac Newton described gravity by noting, what goes up, must come down. This week gravitational forces were at play in mortgage interest … (3 comments)

illinois mortgage rates: Illinois Mortgage Rates and News - Weekly Market Update - 02/23/08 12:18 PM
Welcome to this week's Illinois Mortgage Rates and News week in review, my take on the week's financial news and how it affected Illinois mortgage rates. This has been a brutal week in the mortgage bond market. Mortgage rates spiked to their highest point of the year this week before turning … (0 comments)

illinois mortgage rates: Why Bad News for the Economy is Good News for Mortgage Rates - How Mortgage Rates Change from Day to Day - 01/30/08 02:36 PM
Last week The Fed unexpectedly dropped the discount rate by a full 3/4s of a point. Since then my phone has been ringing off the hook. The Fed is expected to cut rates again today, so my phone should keep ringing. This happens every time the Fed announces a rate cut. … (0 comments)

illinois mortgage rates: 13 Reasons You Should Buy a Home in The Chicago Area, Now! - 01/20/08 03:24 PM
Conventional wisdom says that this is an awful time to buy a new home. The housing market is in a funk. Mortgage companies have tightened their guidelines and homes are sitting on the market for months without selling. If you listen to the news it's all doom and gloom with talk … (1 comments)

illinois mortgage rates: How Much Does it Cost to Refinance Your Mortgage? - 01/16/08 07:58 PM
Mortgage interest rates are ticking down and refinancing is suddenly hot again. Make that Scorching Hot! A few years back when mortgage rates first dropped into the 5s, mortgage refinancing was the hot topic anywhere people gathered. It might not seem like the most scintillating party conversation, but this was a … (0 comments)

illinois mortgage rates: The Sub Prime Bailout and the Space Shuttle - 12/09/07 04:36 PM
The big news this week was of the president's plan to bailout some borrowers in sub prime mortgages due to reset at higher rates. I've read a lot of posts and comments on this topic around Active Rain. The consensus view here seems to be that the plan is a step … (7 comments)

 
Loan Officer: Peter Thompson - Chicago Mortgage Insight (Professional Mortgage Partners)
Peter Thompson - Chicago Mortgage Insight
Downers Grove, IL
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