When the Federal Reserve raised its interest rates late last year, most mortgage rate prognosticators saw it as a sure sign that home-loan rates would finally rise meaningfully. In fact, just the opposite has happened. The average rate on the popular 30-year fixed loan is now at its lowest level of the year and could potentially head lower into new record territory.
It's impossible to know how timing will play out, but I definitely see the ingredients in place for new all-time lows sometime soon," said Matthew Graham, chief operating officer of Mortgage News Daily. "It actually concerns me how convinced I am that this will happen eventually.*
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Our Mortgage Loan Officer Sandy Mcbride (NMLS#442097) is ready to make your home ownership dreams a reality. Whether it is your first home or a new upgrade Sandy will guide you along the way. Call her direct at 815-673-5577 Extension 107!
To begin the process fill out an online loan application. This loan application will be routed to Sandy and an initial decision will be made. Further documents maybe needed as well as signatures for the mortgage or refinance in which you are applying.
Full NMLS Number List
Below is our full list of loan officers that also have NMLS numbers.
|442095||Holocker , Kelly||Northpoint|
|1402302||Threadgill , Trent||Northpoint|
*Source: Diana Olick http://www.cnbc.com/2016/04/11/mortgage-rates-dip-to-annual-low-will-they-stick.html