Category Archives: Mortgage

Closing Costs Q&A

With mortgage rates still relatively low and the regional housing market bouncing back, we’re getting more than our average number of questions related to closing costs (sometimes called settlement costs), the most common of which is, “What will closing costs run me?” We’ll take care of that one right off the bat: the rule of […]

Home Equity Financing

You own your home. You love your home. And, it’s probably the largest purchase you will make in your lifetime. You have the ability to tap into the equity you’ve built using two methods: a home equity line of credit (HELOC, pronounced HEE-lock) and a home equity loan (HELOAN). Both HELOCs and HELOANs offer different […]

Low Interest Rate Mortgages Spike Consumer Interest in Refinancing

Low interest rates on mortgages are making many Fox Valley homeowners consider whether their situation is right for refinancing. But there’s more to think about than just interest rates when looking into refinancing. At what point might you look at refinancing your home? Lower interest rates have become available Your credit has improved and you […]