rate: Where does the time go?
- 08/15/08 04:36 PM
The last time I blogged was November 2007. I can't believe I have been out of the rain that long. I've missed it! Many changes have happened in the mortgage industry since November. Stated loans were still around and so were about 40 other big lenders. I feel like I'm talking about way back in the day and in reality major changes have happened in the last 9 months. I think I love the mortgage industry just as much today as the day I started 11 years ago. 1st time Home Buyers are still my passion. Dispelling the rumors of the … (19 comments)
rate: ARM Adjusting? | Illinois Mortgages
- 08/19/07 02:32 PM
For many who purchased homes or refinanced old loans with adjustable rate mortgages [ARMs] several years ago, those incredible introductory rates are about to end. As three-year introductory rates end and five-year adjustments begin to appear on the horizon, now is a good time to consider your options. The first interest rate adjustment on an ARM is sometimes shocking and can result in a sudden increase in the amount of your mortgage payments. Borrowers with outstanding second mortgages or home equity loans might want to consider refinancing into a single, fixed rate loan. The new rate could easily be less than … (9 comments)
rate: Mortgage Lenders ~ What's your rate?
- 07/27/07 04:37 PM
I often get asked what's your rate. That is a very loaded question! I can't answer that question with just one rate. If you are shopping around for mortgage rates and you really want an accurate quote, you need be sure that you are asking the right questions. It is important for me to know many different things before I can give you an honest answer. For instance, do you want a 30 year fixed rate or do you want an adjustable rate? How much will you be putting down or what is your loan to value? Will you want one loan or … (11 comments)
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Kim Murphy
Mortgage Loans in DuPage, Kane, Cook, Lake, Will C
The last time I blogged was November 2007. I can't believe I have been out of the rain that long. I've missed it! 
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