Real Estate News


 

2018  Real Estate News

There has been a  new rebound in home sales and values! Foreclosures are nearly gone and our market is recovering.  In today's competitive real estate market, timing is everything.  With a low inventory of homes currently available for sale many good homes are sold before they are ever advertised.  Beat other homebuyers to the hottest new homes for sale and new listings in Plainfield or other areas within the Western Suburbs with my New Listings Notification.

 

Mortgage Rates Hit 6 Week High -click for complete article 

 | Sep 13, 2018 Realtor.com

Rates for home loans rose to a six-week high as upbeat economic data and a bulging deficit spurred a yield-lifting bond sell-off and big questions gripped the housing market.

The 30-year fixed-rate mortgage averaged 4.60% in the Sept. 13 week, according to Freddie Mac’s weekly survey. That was up six basis points during the week, and marked the third straight weekly gain. The 15-year fixed-rate mortgage averaged 4.06%, up from 3.99%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.93%, unchanged during the week.