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Interest Rate Increased For Second Time

By David Harney in Finance with 0 Comments

Interest Rate Hike The benchmark interest rate has increased for the second time this year due to the resilient US economy. The fed now anticipates 4 total interest rate hikes this year apposed to the 3 it had originally anticipated. This means consumers and businesses can expect higher rates on their loans in the short […]

Long Grove Should Not Be Overlooked In Your Luxury Home Search
Historic Downtown Long Grove is not a just a neighborhood, but a village of colorful, rustic beauty and style. Home to a variety of unique restaurants, stores, art and antiques, it is famous for its cultural activities and fests (Chocolate fest in middle May, Strawberry fest in late June, Apple fest in late September , […]
Housing Supply Increases As Home Prices Drop – WHY?
The housing market is a fickle beast First, let’s take a look at the home sales this year compared to last year in the months of Sept – December. According to the NAR (National Association of Realtors), the inventory of homes for sale has increased. Furthermore, the sales of existing homes has gone down during […]
Illinois Real Estate – 3 Reasons To Sell Your House This Winter
1. Mortgage Interest Rates Are Projected To Increase Keeping up on the Real Estate market trends can be difficult. Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4.8%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National […]

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