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Market Update for the Week of May 14, 2018

Info That Hits Us Where We Live Americans’ confidence in the housing market reached an all-time high in April’s Fannie Mae Home Purchase Sentiment Index. The share of Americans who say now is a good time to sell also hit a record high, so more listings should come to market. Rates have moved little, which Freddie …

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7 key steps if your home suffers a major loss

Here are seven key steps to follow if your home suffers a major loss.

Market Update for the Week of May 7, 2018

Info That Hits Us Where We Live Heading north for the second month in a row, Pending Home Sales posted a 0.4% gain in March. Tight inventories in many markets kept this measure of contracts signed on existing homes down from a year ago. Are homes really less affordable? The latest First American Real House …

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Market Update For the Week of April 30, 2018

Info That Hits Us Where We Live The first good news was that Existing Home Sales rose 1.1% in March to a 5.60 million annual rate. Yeah, they were down a tick from March 2017, but that month had the second highest sales pace last year. Then, March New Home Sales also surprised to the upside, …

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April Chicago Metro Housing Stats

Here’s your monthly Chicago Metro housing stats video. Please feel free to share. And think of us with any client financing needs!

Market Update For the Week of April 23, 2018

Housing Starts were up 1.9% in March, at a 1.319 million annual rate. Yes, the gain was all from the volatile multi-family sector, but single-family starts are up 5.2% the past year and keep driving trend growth.

Costs to Consider Before Purchasing a Home

Buying a home? In addition to the new 2018 tax laws, these other financial considerations could affect your total cost.

Market Update For the Week of April 16, 2018

Fannie Mae's latest Home Purchase Sentiment Index reports more people say now is a good time to buy--and more also say now is a good time to sell. Happy Spring!

How Does the New 2018 Tax Law Affect Homeowners?

Do you own a home? New tax laws are being implemented for 2018. See how these new laws may affect you.

Market Update For the Week of April 9, 2018

Info That Hits Us Where We Live Black Knight reports tappable equity hit $5.4 trillion in February, 10% higher than its 2005 all-time high. This is the amount a homeowner can borrow against before reaching an 80% loan-to-value ratio. First mortgage balances climbed to $8.8 billion, close to their pre-recession peak. But the report’s economist …

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Jim Passi - Citiwide Home Loans

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

Email Me

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.