General

#motivationmonday

  QUOTE OF THE WEEK “Why do they call it rush hour when nothing moves.”—Robin Williams, American actor and comedian   NATIONAL MARKET UPDATE   Buyers are back. The Mortgage Bankers Association reports applications for purchase mortgages, down for more than a month, jumped 11% over the prior week. Even refinance applications were up 8% …

Inside Lending | Market Snapshot for March 11, 2024 Read More »

  QUOTE OF THE WEEK “One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.”—William Feather, American publisher and writer   NATIONAL MARKET UPDATE   January sales of new single-family homes rose for the second month in a row and are …

Inside Lending | Market Snapshot for the Week of March 4, 2024 Read More »

#MotivationMonday

  QUOTE OF THE WEEK “Drawing on my fine command of the English language, I said nothing.”—Robert Benchley, American humorist and movie actor   NATIONAL MARKET UPDATE   Sales of existing homes in January scored a 3.1% gain over December. The National Association of Realtors saw this as “the start of more supply and demand,” …

Inside Lending | Market Snapshot for the Week of February 26, 2024 Read More »

    QUOTE OF THE WEEK “If I were two-faced, would I be wearing this one?”—Abraham Lincoln, 16th president of the United States   NATIONAL MARKET UPDATE   The Mortgage Bankers Association reports January loan applications for new homes rocketed up 19.1% from a year ago and 38% over December, the strongest January read the …

Inside Lending | Market Snapshot for the Week of February 20, 2024 Read More »

Here’s your monthly Chicago Housing Stats video, courtesy of The Jim Passi Team at Alameda Mortgage Corp. For all of your home financing needs in Illinois, Wisconsin, Michigan, Indiana, Georgia, Tennessee, or Florida, call The Jim Passi Team today at 847-899-1813! Follow our social media pages for more informational tools!

#MotivationMonday

    QUOTE OF THE WEEK “The problem with winter sports is that—follow me closely here—they generally take place in winter.”—Dave Barry, American humor columnist and author   NATIONAL MARKET UPDATE   For the week ending February 3, Realtor.com reports a 12.2% rise in active for-sale inventory, powered by a 12.8% boost in new listings, …

Inside Lending | Market Snapshot for the Week of February 12, 2024 Read More »

#MotivationMonday