Chicago mortgage trends

Rates for new 30-year loans have been up for the last three weeks, but they have dropped over the last two days. Rates were are down for almost all mortgage loan types.

Back in January, the 30 year fixed rate mortgage was at its highest level since last October. Now rates have come down a bit and are more attractive to buyers and potential refinance clients.

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I’m Todd Probasco

Mortgage Banker Chicago

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