I received a phone call from a client this past week asking “Can I lower my monthly mortgage payment without refinancing?” He has a 4.125% interest rate, so he does not want to refinance and get rid of the current low rate he has. But he does want to see if he can get a […]
Mortgage rates have been on the increase since May. Most economists believe they are only going higher. So it’s imperative to act now while they are still near historic lows. I offer a free mortgage review to assess if you’re in the best mortgage to fit your financial needs for the next 30 years. […]
Here is the latest news for underwater homeowners wanting to refinance and take advantage of the current low mortgage rates.
You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites:
www.freddiemac.com/mymortgage or www.fanniemae.com/loanlookup/
Changes to HARP Program Announced
(No Video for this one. Just some basic information on HARP 2.0 refinance program. Look for a video from me when we know more details on HARP 2.0.)
You may have heard Monday that President Obama presented a plan to open up refinancing to more homeowners who are underwater. I […]
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. […]
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. […]
Yesterday Freddie Mac’s weekly rate survey hit 4.42% for a 30 year fixed mortgage. Please do not assume these low rates don’t apply to you or that you can’t benefit from them. So many of our clients have been pleasantly surprised to find out they can refinance inexpensively and save a great deal of […]
If your current mortgage rate is 5.375% or greater please contact me.
I only have a second to talk. Ok actually the video is 2 minutes long. But watch and find out what famous person you can brag you have it better than. Hope you are having a great summer.
In this week’s Conarchy’s Corner (length: < 3 minutes) Ed Conarchy lets you know what we have not seen in 50 years. No, not the Chicago Blackhawks winning the Stanley Cup, but mortgage interest rates hitting all time lows. Lows we have not seen since the 1960’s. So if your mortgage interest rate is […]
Ed Conarchy
Mortgage Advisor
NMLS # 215698
Providing Personal Mortgage Advice Since 1990
Cherry Creek Mortgage
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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