IllinoisHomeMortgageRates.com » Mortgage News http://illinoishomemortgagerates.com Mortgage & Real Estate Industry News & Updates From a 25 Year Mortgage Professional Wed, 14 Sep 2011 13:50:44 +0000 en hourly 1 http://wordpress.org/?v= Prism Mortgage: We’re Moving! http://illinoishomemortgagerates.com/prism-mortgage-were-moving/ http://illinoishomemortgagerates.com/prism-mortgage-were-moving/#comments Wed, 14 Sep 2011 13:50:44 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=769 Beginning Monday, September 19th Prism Mortgage will be moving into our new corporate  offices  and will have new phone numbers

770 Lake Cook Road

Suite #260

Deerfield , Il. 60015

Main #  855-774-7600  (855-prism-00)

Our current phone number as well as our mail will be forwarded through the end of the year

Thanks to all for your support!

]]> http://illinoishomemortgagerates.com/prism-mortgage-were-moving/feed/ 0 Bailout Recipients Being Sued By Fed? http://illinoishomemortgagerates.com/bailout-recipients-being-sued-by-fed/ http://illinoishomemortgagerates.com/bailout-recipients-being-sued-by-fed/#comments Tue, 06 Sep 2011 13:05:01 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=757 Talk about getting bit by the hand that feeds you!! What a novel idea! Force a bank to buy two companies to help them survive… give them billions of dollars to bail them out… and now, years later, sue them for an amount almost equal to what the bailout was for… AFTER they have pretty much paid you back!! It’s getting really hard to figure out who the “bad guy” is in this story. (Thanks to Frank & Brian of TBWS)

Let me know what you think about all of this.

]]> http://illinoishomemortgagerates.com/bailout-recipients-being-sued-by-fed/feed/ 0 Debt Free? Begin the Journey… http://illinoishomemortgagerates.com/debt-free-begin-the-journey/ http://illinoishomemortgagerates.com/debt-free-begin-the-journey/#comments Tue, 28 Dec 2010 15:18:20 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=721 Those of us in the mortgage world are always focusing on reducing debt, but with Christmas now behind us and a new year soon to come, we should all be focusing on reducing debt.  I ran across this segment on the Today show and thought I’d share.  I’ve successfully been able to trim thousands of dollars from client’s monthly cash flow.  If the below video piques your curiosity, don’t hesitate to contact me.  I’m more than happy to give you the time.

Visit msnbc.com for breaking news, world news, and news about the economy

]]> http://illinoishomemortgagerates.com/debt-free-begin-the-journey/feed/ 0 Strategic Mortgage Default by MBA??? http://illinoishomemortgagerates.com/strategic-mortgage-default-by-namb/ http://illinoishomemortgagerates.com/strategic-mortgage-default-by-namb/#comments Fri, 08 Oct 2010 21:23:44 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=710 Is THIS really who represents mortgage banker/broker interests in Washington???

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Mortgage Bankers Association Strategic Default
www.thedailyshow.com
Daily Show Full Episodes Political Humor Rally to Restore Sanity
]]> http://illinoishomemortgagerates.com/strategic-mortgage-default-by-namb/feed/ 3 Mortgage Update: 5 Common Mistakes That Can Cripple Your Credit Score! http://illinoishomemortgagerates.com/mortgage-update-5-common-mistakes-that-can-cripple-your-credit-score/ http://illinoishomemortgagerates.com/mortgage-update-5-common-mistakes-that-can-cripple-your-credit-score/#comments Thu, 19 Aug 2010 13:34:45 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=702 From Fox Business… Many people make some very simple, and well meaning, mistakes that can have major implications on their credit score and, adversely effect their ability to purchase or refinance that home!  Click the link below to get more information on 5 of these mistakes…

FIND 5 COMMON MISTAKES THAT CAN CRIPPLE YOUR CREDIT SCORE

]]> http://illinoishomemortgagerates.com/mortgage-update-5-common-mistakes-that-can-cripple-your-credit-score/feed/ 0 Mortgage News: More On The FHA MI Increase… http://illinoishomemortgagerates.com/mortgage-news-more-on-the-fha-mi-increase/ http://illinoishomemortgagerates.com/mortgage-news-more-on-the-fha-mi-increase/#comments Fri, 13 Aug 2010 16:12:41 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=696 While the FHA mortgage insurance increase has been delayed by a month (October 4th now), the reasons for it have become cloudy!

I couldn’t agree with Frank and Brian’s take on this more!!!

Click the link below to view.

When Are Realtors, Loan Officers and Appraisers Going to Get Help?

]]> http://illinoishomemortgagerates.com/mortgage-news-more-on-the-fha-mi-increase/feed/ 0 Mortgage Update: FHA Loan Costs Going Up In September!! http://illinoishomemortgagerates.com/mortgage-update-fha-loan-costs-going-up-in-september/ http://illinoishomemortgagerates.com/mortgage-update-fha-loan-costs-going-up-in-september/#comments Mon, 09 Aug 2010 17:19:33 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=688 Thinking of buying a home?  Thinking of FHA financing?  Thinking of procrastinating a while longer?

The cost of mortgage insurance on FHA mortgage loans will be going up on all loans with FHA case numbers ordered on or after September 7, 2010!!  This could mean significant increases in your monthly cash flow for the SAME loan you’d take out today!!

Click on the link below for further details from Frank and Brian, the Think Big Work Small guys.

FHA Loan Costs Going Up!

]]> http://illinoishomemortgagerates.com/mortgage-update-fha-loan-costs-going-up-in-september/feed/ 0 Mortgage Update: New Credit Card Tricks http://illinoishomemortgagerates.com/mortgage-update-new-credit-card-tricks/ http://illinoishomemortgagerates.com/mortgage-update-new-credit-card-tricks/#comments Tue, 03 Aug 2010 18:06:32 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=679 The mortgage world is constantly changing and it seems almost impossible to catch up at times.  With the dramatic importance of good credit and credit scores, it would make sense to be ever vigilant of the changes in credit cards as well.  The Wall Street Journal did a very good job of summarizing some of the tricks that banks are playing in order to try to recapture some of the lost revenues that recent changes in credit card laws have thrust upon them.

See the story by clicking on the link below…

A Consumer’s Guide to the Latest Credit Card Traps

]]> http://illinoishomemortgagerates.com/mortgage-update-new-credit-card-tricks/feed/ 0 Mortgage Rates Hit a New Low! Time To Get Off The Fence! http://illinoishomemortgagerates.com/mortgage-rates-hit-a-new-low/ http://illinoishomemortgagerates.com/mortgage-rates-hit-a-new-low/#comments Tue, 25 May 2010 12:57:55 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=635 Mortgage rates in Illinois, and the nation, have hit a new low. Purchase or refinance… It may be time to make that move that you’ve been putting off!

Visit msnbc.com for breaking news, world news, and news about the economy

]]> http://illinoishomemortgagerates.com/mortgage-rates-hit-a-new-low/feed/ 0 Mortgage Regulators: Who’s Interests Are Really Being Served? http://illinoishomemortgagerates.com/mortgage-regulators-whos-interests-are-really-being-served/ http://illinoishomemortgagerates.com/mortgage-regulators-whos-interests-are-really-being-served/#comments Thu, 13 May 2010 17:40:17 +0000 Chuck Murphy http://illinoishomemortgagerates.com/?p=621 This video, from our friends Frank and Brian at TBWS, is an eye opener! As the regulators continue to try to “fix” what they think is broken, does anyone find it as interesting as I do, that the large majority of legislation affects the mortgage broker negatively and affects the banker in virtually no way, what so ever?

TBWS Daily Thursday May 13, 2010

Oh… and the “Single Lady” segment is pretty funny!  Frank and Brian… you guys make pretty good “lounge lizards”

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