We’re beyond grateful for our incredible clients who trust us to guide them through their mortgage journeys! Here’s what they’re saying about their experience with the Emma Butler Group at Neighborhood Loans: 🌱 Smooth and Stress-Free “Emma and her team made everything seamless, with clear communication every step of the way.” 🏡 First-Time Buyer Friendly…
Author: ebutlerchicago
Weekly Economic Indicators Affecting Mortgage Rates
This week’s economic data, including existing home sales, jobless claims, GDP growth, and the PCE inflation report, may influence mortgage rates that are hovering around 7%. Higher inflation or strong economic indicators could lead to sustained or increased rates, prompting buyers to consider locking in rates early.
Week Ahead: Economic Factors Driving Up Mortgage Rates
Mortgage rates are facing upward pressure as the bond market reacts to a resilient U.S. economy. Last week’s employment report showed better-than-expected job gains, pushing the 10-year Treasury yield near 5%. Rising energy prices are also adding to inflationary pressures, making it less likely for the Federal Reserve to ease interest rates soon. This week,…
Set SMART Financial Goals: Developing a Strong Savings Mindset.
When it comes to personal finance, developing good spending habits and a strong savings mindset can set you on the path to achieving your financial goals. Whether you’re saving for a down payment on a home, an emergency fund, or a dream vacation, it all starts with managing your money wisely. 1. Understand Your Spending…
Chicago Housing Market Predictions for 2025
As we approach 2025, the Chicago housing market is expected to remain competitive but with some key shifts that both buyers and sellers should keep in mind. In summary, while Chicago’s housing market will continue to present challenges in 2025, particularly in terms of affordability and inventory, buyers can expect more favorable conditions compared to…
Why Local Chicago Agents Are Essential for Home Buying in 2024 – They are your Secret Weapon
Chicago Real Estate Agents: Your Secret Weapon for Buying a Home in 2024
Navigating Chicago’s housing market in 2024 is no easy feat, especially for first-time homebuyers. With inventory tight and competition fierce, it can feel overwhelming to find the right home and secure it before someone else does. That’s where the expertise of a local real estate agent comes in. More than just a guide, a knowledgeable agent is your secret weapon—here’s why:
Interest Rates: Insights from the October 2024 Economic Data
As we kick off the week, all eyes are on the Federal Reserve and upcoming economic indicators that could impact mortgage rates. Here’s what to watch for:
5 Documents First-time Home-buyers Need for a Smoother Purchasing Process
Here’s a quick review of some of the documents you’ll need when the time comes to getting Pre Approved.
Join us for our first Networking Fundraising Mixer of the year!
Join us for our first Networking Fundraising Mixer of the year! Join the Art of Giving Foundation for an evening of networking, live music, wine and charcuterie at the newest Jameson Sotheby office! Please wear business casual or cocktail attire and bring your business cards. We are fundraising for our 2024 CPS Supply Drive and…
Why a Renovation Loan?
As a mortgage lender, I specialize in connecting clients with renovation loan options tailored to their unique needs, empowering them to seize opportunities and unlock the full potential of the market. Let’s explore how a renovation loan can turn your homeownership dreams into reality, even in a competitive market!
Emma Butler Group- Mortgage Tips & Community 