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…
Tag: Home Mortgage Tips
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…
Home Builder Sentiment (December 2023)
Home builder confidence rebounded after falling for four straight months, as falling mortgage rates brought more buyers back to the market. Plus, many builders (36%) are still cutting prices to boost sales. The NAHB noted that “recent economic data signal improving housing conditions heading into 2024.”
7 Tips for Buyers to Consider in this Market
In a challenging market, it’s essential to help our clients make informed decisions to avoid common regrets when purchasing
a home. Here are valuable insights from surveyed buyers, compiled into 7 tips to help you communicate and set better
expectations in this market.
Unlocking the Week Ahead: A Glimpse into Mortgage Rates and Economic Data (December 4, 2023)
As we step into the first week of December 2023, the financial landscape is buzzing with anticipation. For mortgage professionals and homebuyers, understanding the upcoming trends in mortgage rates and economic data is crucial. Here’s a brief preview of what lies ahead:
10 Questions to Ask a Loan Officer before Accepting an Offer
Top 10 Questions Listing Agents Have to ASK the Loan Officer BEFORE accepting an Offer: Accepting an offer on a home means taking it off the market for 30-60 days, passing on potentially well qualified buyers and a seller who will want updates on how the process is going. How can you ensure that not…
4 Facts You Need to Know Before Setting Up a Mortgage Escrow Account
Buying a home involves a variety of nuances and strange-sounding terms, and one of the least understood aspects of the home buying process is the escrow account. Essentially, an escrow account is a third party bank account your lender can require you to pay into in order to cover certain costs related to your home. Your lender uses an escrow account to ensure that property taxes and home insurance fees get paid on time.
A Quick Look at Reverse Mortgages: The Golden Ticket to Enjoying Your Golden Years
With a high volume of millennials set to enter the real estate market this year, it may seem like all the available options out there were created to snag new home buyers. However, there are products available on the market that cater to those who are in their golden years too. If you’re older than 62 and are currently weighing the options with your mortgage, here are the basics on reverse mortgages and why they might positively benefit you.
A Quick Look at Reverse Mortgages: The Golden Ticket to Enjoying Your Golden Years
With a high volume of millennials set to enter the real estate market this year, it may seem like all the available options out there were created to snag new home buyers. However, there are products available on the market that cater to those who are in their golden years too. If you’re older than 62 and are currently weighing the options with your mortgage, here are the basics on reverse mortgages and why they might positively benefit you.
Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage
Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so you can start finding homes in your price range?
Emma Butler Group- Mortgage Tips & Community 