We're in the thick of the busy spring market, and we're already seeing some emerging trends that will greatly impact the rest of the year. Steve DiMarco has been closely tracking the results so far, and he has early predictions to help you plan accordingly. On Interest Rates "Many experts predicted that interest rates would go up during the spring market; they were wron...
You are the expert in your local community - shouldn't your team be local as well? "When you work with a third party appraisal company, you never know where they're from and what they know about your specific market," said Steve DiMarco, president of Key Mortgage Services, Inc. "We have created an exclusive network of Chicagoland appraisers, and each contact has been hand picked by us through our...
In the post-crisis housing market, mortgage lenders have thorough guidelines to check the accuracy of the information provided by the potential borrower. While these extra safeguards may initially seem like they would slow down the lending process, those applying for the loan shouldn't see any lag time as long as they are prepared to reveal every aspect of their financial background. "The best pi...
