It’s summertime, the season for procrastination. The hot weather makes it easy to procrastinate. But when it comes to this historic low in mortgage interest rates, procrastination can cost you a bundle! These low mortgage rates will not wait around for you. So make the call you know you have been planning to make. […]
In this week’s Conarchy’s Corner (length: 5 minutes) Ed Conarchy explains that the normal spring home buying season that typically takes off in March has been moved up two months this year. In reaction to the expiration of the home buyer tax credit that expires April 30th, 2010, home buyers and home owners have […]
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Welcome to Conarchy’s Corner.
In this week’s Conarchy’s Corner, Ed Conarchy shows you two indices on housing that show we are at the bottom and that things are finally turning around. For now at least, the […]
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In this video blog Ed Conarchy brings you up to date with the most recent statistics on existing home sales and inventory. Also he covers the specific announcement from Freddie Mac on their new program Relief Refinance – Open Access. Finally, Ed explains to you […]
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Hi, it’s Ed. I am alive and well, just been overwhelmed. So that is why I have been tardy on my blog posts. But I am back and have some very important info to share with you on the White House Refi Plan, Rates & […]
President Obama signed the stimulus plan a week ago. Ed discusses how homeowners may benefit from the plan and the administration’s efforts to aid homeowners.
Freddie Mac reported that 30-year fixed rates dropped below 5% for the first time since it began recording averages in 1970. But what’s after the headline? Again, the media doesn’t address the second issue — the costs — until the end (and then not fully!). Ed talks about what these costs meant in analyzing […]
Big mortgage companies are again touting “low” rates to homebuyers and home owners. But the truth doesn’t lie just in the rate quoted. Ed Conarchy discusses when a low rate can be too costly.
Read this article from the Penn State Smeal College of Business […]
Ed Conarchy discusses seven steps you should address to survive and thrive in today’s uncertain economy. Homeowners need to pay special attention to their home equity at this time too.
Read Ric Edelman’s full article here: 7 Steps to Take Today During This Current Economic Turmoil
Ed Conarchy points to the clear winners in today’s market: First time home buyers. Especially with the new $7,500 federal tax credit available to them. But act fast, before it goes away.
Ed Conarchy
Mortgage Advisor
NMLS # 215698
Providing Personal Mortgage Advice Since 1990
Cherry Creek Mortgage Company
495 N. Riverside Dr., Suite 206
Gurnee, IL 60031
Phone: (847) 970-4239
Fax: (847) 557-2088
Ed Conarchy NMLS # 215698
Licensed in Wisconsin, Illinois, Indiana and Michigan
Cherry Creek Mortgage Co., Inc. NMLS # 3001
Illinois Residential Mortgage Licensee # 0005759
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