A Great Time To Live In Chicago

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Chicago Riverwalk At NightChicago is one of the great American cities. Chicago residents are lucky to live in a terrific town, with world-class museums, aquariums, and attractions. Right now is an great time, too. Spring is bringing the city to life, and the Bulls and Blackhawks are in the playoffs, playing for championships. The city is electric when they’re both great!

It’s also a great time to re-finance your mortgage. Mortgage rates are in the 3’s, and home prices are on the upswing. This may be the best possible time to re-fi, really. There’s a sweet spot in refinance where home values are high and interest rates are low, when you maximize your value. That time is NOW. Interest rates haven’t been and stayed this low for years. NOW is the time to refinance.

If you have an FHA Loan, it’s especially good. They lowered PMI by a half-point, saving homeowners hundreds of dollars in mortgage payments when they re-fi to the lower rate. Chicago homeowners actually save over $1000 annually on average with this plan. If you have an FHA loan, take a look at your PMI rate.  If your rate is 1.35%, you need to call us immediately to save money.

This is one of the best times in recent Chicagoland history to refinance.  Finding yourself in the sweet spot is a rare occurrence, so you need to take advantage of it.  Call our Chicago office today at (773) 770-4727 or apply online at www.thehomeloanexpert.com.  Nobody makes it easier to refinance or buy a new home in Chicago than The Home Loan Expert, Ryan Kelley.