Market Updates

Aug 6 2018

Market Update for the Week of August 6, 2018

Here's your market update for the week of August 6, 2018.

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. …

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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 …

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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, …

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Jim Passi - Citiwide Home Loans

Jim Passi
Regional Manager
NMLS# 158000

1284 West Northwest Hwy.
Palatine, IL 60067
Mobile: 847-899-1813
Email: jim.passi@alamedamortgage.com

After inquiring with different lenders

After inquiring with different lenders on estimated loan costs, I was provided with a fair amount of misinformation, intended to meet a sales quota. Looking for the best loan option, I reached to Jim after I had already received a preapproval from a different lender. Jim was prompt in providing loan estimates and answered all of my questions. The total payment, interest, PMI, and fees were far better than anyone else in the market. Up until the day of closing and to this day Jim is available whenever I need anything, have any questions, or just to check up and see how I am doing. I can ascertain that Jim will look in the best interest for you, as a new homeowner, and he will work day and night to ensure you will be able to purchase the home you want. I did not know how much went into purchasing my first home, but I am delighted to have Jim and his team help me throughout.

Faizan