PERLMortgage

The Pros and Cons of Paying Early

nkeenan — Fri, 03 Feb 2012 16:14:48 +0000

A new home tends to be the largest purchase and investment most people will make, and a mortgage is therefore the largest debt a family might face in their lives. In light of that, many may consider trying to push themselves to pay their mortgages off earlier than planned. There are a handful of questions [...]

Monday Market Update (January 30, 2012)

nkeenan — Mon, 30 Jan 2012 15:59:38 +0000

Market Comment   Mortgage bond prices were higher last week which pushed mortgage interest rates lower. Rates were helped considerably by the Fed announcement which indicated they would try to keep rates low through 2014. This was a significant revision to prior remarks which set 2013 as the timeframe. The Fed went on to note that global [...]

Neighborhood Spotlight: Lincoln Park

nkeenan — Fri, 27 Jan 2012 15:39:28 +0000

Lincoln Park is one of Chicago’s oldest and most storied neighborhoods, boasting several famous landmarks and attractions. It is currently considered one of the liveliest neighborhoods on the city’s north side, home to several dance and music clubs, theaters, and other nightlife enjoyed by the young urban professionals and DePaul University students who populate the [...]

Monday Market Update (January 23, 2012)

nkeenan — Mon, 23 Jan 2012 16:12:06 +0000

Market Comment  Mortgage bond prices were lower last week, which pushed mortgage interest rates higher. Inflation fears were reignited when the core producer price index came in higher than expected. Germany had a successful 2Y debt auction, which alleviated some of the short-term Euro debt concerns. Germany has been one of the few bright spots for [...]

Neighborhood Spotlight: Bucktown

dgranata — Fri, 20 Jan 2012 16:17:58 +0000

Variety is the key ingredient of Bucktown: Older architecture and newer builds house a diverse population and a vast array of businesses. Today, it is considered one of the trendiest neighborhoods in the city.