Chicago Mortgage News Update October 2019

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If you are looking into purchasing or selling real estate this fall, or if you’re considering a refinance, October 2019 is shaping up to be a great time to do it. As it stands, we’re seeing low interest rates conducive to buying real estate, making it the perfect conditions for both buyers and sellers.

If you’ve considered refinancing, you could quite possibly get a lower interest rate than the one you currently have.

With rates hovering near 3.73% or better, it’s a great time to invest in real estate. The outlook, however, is quite unpredictable.

It’s very hard to say for certain how long these rates will stay where they are. If you’re looking to refinance or purchase real estate, it’s advisable to start the process now and lock in rates while they’re still low.

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