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Archive for March 2009

Current Mortgage Rates in Chicago, Milwaukee and Madison 03/31/2009: Illinois and Wisconsin

Posted on March 31st 2009

Illinois and Wisconsin Mortgage Rates as of
03/31/2009 at 9:52 AM CST
Current Mortgage Rate Trend: steady
Visit http://www.madisonmortgageguys.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed:
4.875% (4.933% APR)

15 Year Fixed:
4.875% (4.976% APR)

30 Year FHA and VA:
5.500% (5.676% APR)

30 Year Rural Housing:
5.250% (5.423% APR) Read more »

Posted in Current Mortgage Rates |

FHA 95% Cash Out Refinance Loans are Going Away

Posted on March 30th 2009

GET YOUR CASE NUMBER’S ASSIGNED BY APRIL 1, 2009 FOR FHA CASH OUT REFINANCES!
For all case numbers assigned after 4/1/09 the maximum LTV will be 85%.
Per FHA: Given the continued deterioration in the housing market, and FHA’s need to limit its exposure to undue risk, this reduction to the maximum LTV for cash-out refinances is [...] Read more »

Posted in FHA Loans, News and Updates |

Current Mortgage Rates in Chicago, Milwaukee and Madison 03/30/2009: Illinois and Wisconsin

Posted on March 30th 2009

Illinois and Wisconsin Mortgage Rates as of
03/30/2009 at 9:55 AM CST
Current Mortgage Rate Trend: steady
Visit http://www.madisonmortgageguys.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed:
4.875% (4.933% APR)

15 Year Fixed:
4.875% (4.976% APR)

30 Year FHA and VA:
5.500% (5.676% APR)

30 Year Rural Housing:
5.250% (5.423% APR) Read more »

Posted in Current Mortgage Rates |

Current Mortgage Rates in Chicago, Milwaukee and Madison 03/26/2009: Illinois and Wisconsin

Posted on March 26th 2009

Illinois and Wisconsin Mortgage Rates as of
03/26/2009 at 9:54 AM CST
Current Mortgage Rate Trend: improving
Visit http://www.madisonmortgageguys.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed:
5.250% (5.310% APR)

15 Year Fixed:
5.000% (5.102% APR)

30 Year FHA and VA:
5.500% (5.676% APR)

30 Year Rural Housing:
5.750% (5.836% APR) Read more »

Posted in Current Mortgage Rates |

Current Mortgage Rates in Chicago, Milwaukee and Madison 03/18/2009: Illinois and Wisconsin

Posted on March 18th 2009

Illinois and Wisconsin Mortgage Rates as of
03/18/2009 at 9:59 AM CST
Current Mortgage Rate Trend: improving
Visit http://www.madisonmortgageguys.com/current_rates/index.htm for all current rates and APR information.

30 Year Fixed:
5.250% (5.310% APR)

15 Year Fixed:
5.000% (5.102% APR)

30 Year FHA and VA:
5.500% (5.676% APR)

30 Year Rural Housing:
5.750% (5.836% APR) Read more »

Posted in Current Mortgage Rates |