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Gene's Mortgage, Real Estate, & Credit Newsletter - April 2, 2015

By
Mortgage and Lending with NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 IL Lic 031.0006220/WI
 
 

Have you been wondering about any of the following?

 
·   Your Credit Scores or debt
·   If a "Move-Up" home purchase is possible
·   If you could be saving money by Refinancing
·   What to do when your HELOC comes due
·   What financial options are open to you
 
  Than you're probably suffering from "FOMO" disease ... the Fear of Missing Out.
FOMO is widespread right now.  With low interest rates and rising home prices, many are wondering, "What do I do?". Remodel or move on?  Could I be doing better? What's the best choice for me?
 
No one's expecting interest rates to stay low much longer.  It's been amazing they've stayed this low this long.  All Fed signals point to rates rising fairly soon.
 
Because of that, I can't overstate how important it is for you to take a look at your financial options now before they slip away and opportunities are lost. Your case of "FOMO" is easily cured. One simple phone call and a FREE analysis does it.  
 
Contact me.  We'll review your finances and discover what financial options exist for you at this time. 
 
Why continue to wonder what's possible for yourself or your family?  Get the facts!  Let's talk today ...
 
 
Gene
 
 
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How tiny mortgage rate moves can buy you a lot ...
 
It may seem like mortgage rates have been vacillating in a tight range, brushing up against 4 percent on the 30-year fixed and then falling back. Rates, however, are still considerably lower than they were a year ago.
 
That translates into far more buying power for the average consumer, heading into the busiest housing season of the year. But how much more?   (MORE ...)
 
 
 

 

 
Why this room is now a must-have home feature ...

 

 
 
With mobile technology, it’s easy to work in any room of a house. And yet, according to designers and home builders, the home office is becoming one of a home’s must-have features.
 
Dedicated office space might not always be a full room. In fact, it might be a nook with desk space on the landing of a staircase or a corner of a bedroom or family room. But as people do more work away from the office and kids do more work outside of the library, the home office is growing in importance.  (MORE ...)
 
 
 

 
102 Container Gardening Ideas ...

 
 
Enjoy nonstop color all season long with these container gardening ideas and plant suggestions. You'll find beautiful pots to adorn porches and patios.  (MORE ...)
 
 
 

Have a HELOC Coming Due?  
 
Dust Off Your Original Paperwork ...

 
Flashback to the year 2005 ...  
 


At that time it had become popular in financing to capitalize on a home's rapidly rising equity.  This was easily accomplished at almost any bank.  Sometimes you could even tap as much as 100% of the home's appraised value. 
 
 
The History of March Madness in Illinois ...

 
 
Fun fact: The first-ever NCAA Men's Division I Basketball tournament
was held in Evanston in 1939? 
 
Did you know that despite hosting the first tournament, Northwestern University has yet to make an appearance? Or that only one Illinois college has won the national championship in the tournament's 75-year history?  (Click on the pic to the right for the history of that victory!)

 
While Illinois has no representatives in the 2015 NCAA tournament, there's plenty of history and proud moments to recall. Take a look at which Division I schools have represented Illinois throughout the history of March Madness. (MORE ...)
 
 
                     Best Wishes for a very Happy Easter or Spring Holiday!
                                                                      Enjoy!
 
 
 

Gene Mundt
 
 
Mortgage Lender   -   NMLS #216987     -   IL Lic #216987  -  WI Licensed
 

Direct:  815.524.2280
Cell/Text:  708.921.6331
eFax:  815.524.2281
 
 
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Gene Mundt

 Mortgage Originator  -  NMLS #216987    

                                 IL Lic. #031.0006220  -  WI License #216987                                                                                                    

NMLS #175656

 

Gene Mundt, Mortgage Originator,  40+ years of #mortgage experience, will offer you exemplary mortgage service and advice when seeking:  #Conventional, #FHA, #VA, #Jumbo, #USDA, and Portfolio Loans in #Chicago and the greater Chicagoland region, including:  The #Lincoln-Way Area, #Will County, (#New Lenox, #Frankfort, #Mokena, #Manhattan, #Joliet, #Shorewood, #Crest Hill, #Plainfield, #Bolingbrook, #Romeoville, #Naperville, #Wilmington, #Peotone, etc.), #DuPage County, the City of Chicago, #Cook County, and elsewhere within IL and Wisconsin. 

 

Your Referrals & Testimonials are Always Greatly Appreciated! 

 

 

Comments(7)

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Gene - Thanks for this edition of your newsletter, as always, packed with useful information.

Apr 02, 2015 06:23 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Thanks, Dick Greenberg ... I appreciate your loyal readership!

Gene

Apr 02, 2015 06:58 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Gene. Love the topics for your newsletter. Something for everyone, hope there is a good response.

Apr 02, 2015 08:10 PM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Good feedback typically, Joe Petrowsky ... and I have fun doing them ...

Gene

Apr 03, 2015 01:15 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Gene,

Thanks for letting us see how creative your newsletter is and why it makes your phone ring! I like your labeling the FOMO Disease! It is widespread right now...LOL!

Apr 03, 2015 10:22 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Well done newsletter Gene, I really enjoyed reading it.

Apr 04, 2015 12:52 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Thanks, Dorie ... and you're right ... way too much FOMO!

Noah Seidenberg ... Thanks so much!  Appreciate your feedback ...

Gene

Apr 04, 2015 08:06 AM