Market Updates
Market Update for the Week of July 30, 2018
Here's your market update for the week of July 30, 2018.
Market Update for the Week of July 23, 2018
INFO THAT HITS US WHERE WE LIVE After rising in May at their fastest pace in 11 years, Housing Starts fell 12.3% in June, to a 1.173 million annual rate. Yet the National Association of Home Builders reports strong buyer demand keeps builder optimism historically high. The fact is, housing starts data is quite volatile month to month. …
Market Update for the Week of July 16, 2018
Here's your market update for the week of July 16, 2018.
Market Update for the Week of July 9, 2018
Here's your market update for the week of July 9, 2018.
Market Update for the Week of July 2, 2018
Here's your market update for the week of July 2, 2018.
Market Update for the Week of June 25, 2018
Your weekly update for the week of June 25, 2018.
Market Update for the Week of June 18, 2018
Info That Hits Us Where We Live As expected by nearly everyone breathing, the Fed hiked the Funds Rate 0.25% last week, but that should cause no immediate concern about mortgage rates. Fact is, the Fed rate directly affects only short-term loans. Freddie Mac’s chief economist explains: “a much smaller segment of mortgage loans in …
Market Update for the Week of June 11, 2018
Take a look at the market update for the week of June 11, 2018
Market Update for the Week of June 4, 2018
Info That Hits Us Where We Live After heading up in February and March, the Pending Home Sales index of contracts signed on existing homes dipped 1.3% in April. Economists expect a modest bump in closed sales in May. For the year, the National Association of Realtors (NAR) predicts existing home sales will grow to 5.54 million, …

Jim Passi
Regional Manager
NMLS# 158000
1121 E. Main Street, Suite 121
St. Charles, IL 60174
Mobile: 847-899-1813
Email: jim.passi@alamedamortgage.com
Eric and Abby B. Testimonial
Jim and his team provided excellent service during our refinancing. At times the re-fi process can seem overwhelming. However, we were very appreciative of Jim’s patience and his communication with us throughout the process. He was very responsive and concerned that our needs were met. Everything was completed as anticipated and there were no surprises. Obtaining or refinancing a home loan has become a very sophisticated process and I definitely recommend Jim and his team.
Eric and Abby B.