In Chicago, we love our pizza. There’s a whole style named for us. The foundation of any good pizza is the dough. We like it crispy and buttery here, and covered with cheese. Well, your mortgage should be just like that pizza. You want great dough, and a lot of cheese, right?
Well, there’s no better time to refinance or purchase a new home then, right now. Chicago is at a crazy crossroads for mortgages, with home prices rising and interest rates staying low. It’s the best time in YEARS to get a new mortgage or refinance to a better rate. With the government dropping the PMI rate on FHA loans, and HARP making homes affordable for almost everyone, there isn’t an excuse to get more dough and cheese for your money.
These low rates won’t last forever, though. Remember, one point in your mortgage can cost you. If you can lock in a rate in the 3’s today, and not have to worry about it jumping to the 4’s next week, why wait? Remember, interest rates are very important. If you delay and miss the window of low rates by a point, you’ll pay thousands extra over the course of your loan, and hundreds extra RIGHT NOW.
Your mortgage is the biggest buying decision that you’re ever going to make, even bigger than your order from Lou Malnotti’s today, so you want to make sure that you’re getting the lowest possible interest rate on your mortgage. If you haven’t refinanced in a few years, or you’re looking to buy a new home, please call The Home Loan Expert, Ryan Kelley TODAY to find out your options on a new home loan. Nobody makes it easier in Chicago to buy a new home or refinance your current one. Call (773) 770-4727 or visit www.thehomeloanexpert.com to apply online.