Doug Katz's (dmkatz) Blog

Are you currently in the process of buying a home or refinancing in Chicago or vicinity?  Trying to decide when to lock can be a stressful and difficult decision.  In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best ...

Well folks, we may have hit the bottom, at least in the short-term that is. Rates ticked a bit lower than last week Monday and Tuesday, but began a mild movement upward by the middle of the week. This slight change was likely less the result of economic factors than the deluge of applications ove...

I usually write about Chicago real estate &  mortgages, after all, that is what I do.  Sometimes, however, I come upon a subject that  is worth moving outside of the normal bounds of expertise.  In light of the wet summer that we have had, I’ve come across more and more loans where homeowners ar...

Are you currently in the process of buying a home or refinancing in Chicago or vicinity?  Trying to decide when to lock can be a stressful and difficult decision.  In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best ...

Are you currently in the process of buying a home or refinancing in Chicago or vicinity?  Trying to decide when to lock can be a stressful and difficult decision.  In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best ...

Are you currently in the process of buying a home or refinancing in Chicago or vicinity?  Trying to decide when to lock can be a stressful and difficult decision.  In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best ...

Are you currently in the process of buying a home or refinancing in Chicago or vicinity?  Trying to decide when to lock can be a stressful and difficult decision.  In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best ...

Are you currently in the process of buying a home or refinancing in Chicago or vicinity?  Trying to decide when to lock can be a stressful and difficult decision.  In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best ...

Are you currently in the process of buying a home or refinancing in Chicago or vicinity?  Trying to decide when to lock can be a stressful and difficult decision.  In my job as a mortgage lender, I watch the markets daily to keep my clients abreast of changes to assist them in securing the best ...

In our present economy, the terms foreclosure, short sale, and deed-in-lieu of foreclosure have become more commonplace.  More and more homeowners strapped with homes that they simply cannot afford are making the tough decision to default on their mortgage obligation.  Although such a decision s...