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 […]
In this week’s Conarchy’s Corner (length: 6 minutes) Ed Conarchy brings you up to date on the White House’s Homeowner Affordability and Stability Plan (HARP). Up till now Fannie Mae has been the only Government Sponsored Enterprise (GSE) allowing the HARP No Mortgage Insurance Refinance Plan. But good news, starting September 28th Freddie Mac will […]
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
Ed In the News
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