Doug Katz's (dmkatz) Blog

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Mortgage and Lending - Chicago Bancorp

ARCHIVED BLOG POSTS

2010 

Are you currently in the process of buying a home or refinancing in Chicago or vicinity? Trying to decide when to lock can be a stressful and difficult decision. In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best mo...
12/27/2010
Are you currently in the process of buying a home or refinancing in Chicago or vicinity? Trying to decide when to lock can be a stressful and difficult decision. In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best mo...
12/21/2010
I received an informational email from a good friend and wanted to share the specifics. It presents in great detail the specifics of the recent legislation on taxes and unemployment. I have also included her contact information below for questions that you may have. Read full article
12/17/2010
This week in mortgage interest rates could have been worse. While we started with another upward climb, rates for Fannie Mae and Freddie Mac mortgages retreated a bit by Thursday. Based on the extreme pain of the last 30 or so days, this was jump up and kick your heels together news. Read entire ...
12/17/2010
Corelogic released data today that the number of homeowners under water on their mortgage has decreased. Sounds like good news, but that is not the whole story.As with most data, it is the underlying environment that contributes to the findings that are of importance. These numbers show less abo...
12/13/2010
Are you currently in the process of buying a home or refinancing in Chicago or vicinity? Trying to decide when to lock can be a stressful and difficult decision. In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best mo...
12/13/2010
This week was bad for rates, really bad. If you are not in the industry, it is impossible to describe what happens when you see rate increases like we saw this week, so I will once again defer to history to illustrate what occurred. "It's fire and it's crashing! It's crashing ter...
12/10/2010
Are you currently in the process of buying a home or refinancing in Chicago or vicinity? Trying to decide when to lock can be a stressful and difficult decision. In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best mo...
12/06/2010
This week, I do believe that a little levity is in order. So, without further ado: A large passenger train was crossing the country. After they had gone some distance, one of the two engines broke down. "No problem," the engineer thought and carried on at half power. Farther on down the...
12/03/2010
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