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Scam Alert! Three Mortgage Modification Scams to Watch out for (And How to Avoid Them)

As if homeowners who are facing foreclosure don’t have enough to worry about, a multitude of loan modification scam artists have invaded the internet, public files and even foreclosure notices in newspapers in hopes of targeting their next victim.

Posted in: Blog Tagged: Mortgage, Mortgage Modification, Mortgage Tips

What’s Ahead For Mortgage Rates This Week – July 7, 2014

Last week’s economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower than expected.

Posted in: Blog Tagged: Existing Home Sales, FOMC, Mortgage

What’s Ahead For Mortgage Rates This Week – June 30, 2014

Last week brought several economic and housing sector reports including Existing Home Sales, Case-Shiller and FHFA home prices for April, as well as New Home Sales.

Posted in: Blog Tagged: Existing Home Sales, FHFA, Mortgage

Getting Past No: What To Do If You’re Turned Down For A Mortgage Or Other Home Financing

With most home prices well above what the majority of us have in the bank, getting approved for a mortgage can be the deal maker or breaker when it comes to purchasing a piece of property.

Posted in: Blog Tagged: Home Buying, Mortgage, Real Estate

What’s Ahead For Mortgage Rates This Week – June 23, 2014

Last week’s scheduled economic news included the National Association of Home Builders Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of its meeting, and Fed Chair Janet Yellen also gave a press conference.

Posted in: Blog Tagged: Mortgage, Mortgage Rates, Unemployment

What’s Ahead For Mortgage Rates This Week – June 16, 2014

Last week’s economic news was quiet in the housing sector, but retail sales and employment-related reports provided indications of less consumer spending and reduced consumer confidence.

Posted in: Blog Tagged: FOMC, Freddie Mac, Mortgage

What’s Ahead For Mortgage Rates This Week – June 9, 2014

Last week’s economic news was mixed. Construction spending grew, but fell below the expected level. CoreLogic reported that April home prices continued to rise, but did so at their slowest growth rate in more than a year. Employment reports for private sector and government jobs indicated fewer jobs, but the national unemployment rate was steady.

Posted in: Blog Tagged: FOMC, Freddie Mac, Mortgage

When It Pays To Refinance Your Mortgage — Literally

There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity.

Posted in: Blog Tagged: Loan Term, Mortgage, Refinance

Tips To Close Your Home Loan Faster, With Fewer Hassles

Mortgage volume is expected to remain high through the end of 2012 and into 2013. Follow these steps to help close your loan on time, and with few headaches.

Posted in: Blog Tagged: Advice, Appraisal, Mortgage

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(217) 532-2525 Hillsboro Office
(217) 324-4663 Litchfield Office

info@mcrealty.net
Hillsboro Office

551 S. Main St.
Hillsboro, IL 62049

Litchfield Office

410 N Monroe St.,
Suite 100
Litchfield, IL 62056

Hillsboro Company License #478.025162
Litchfield Company License #477.012410

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AREAS WE COVER:

62049, 62089, 62056, 62017, 62075, 62094
Hillsboro, Litchfield, Coffeen, Nokomis, Witt

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