Posted by Dennis Hardy on Jul 10, 2008
Illinois and Wisconsin Mortgage Rates as of
07/10/2008 at 10:04 AM CST
Current Mortgage Rate Trend: steady/improving
Visit http://www.ameristarmadison.com/current_rates/index.htm for all current rates and APR information.
30 Year Fixed:
6.375% (6.439% APR)
15 Year Fixed:
5.875% (5.979% APR)
30 Year FHA and VA:
6.500% (6.683% APR)
30 Year Rural Housing:
6.500% (6.683% APR)
Read the rest of this entry »
Posted by Dennis Hardy on Jun 21, 2008
Chicago VA mortgage home loans operate in very much the same way as FHA loans do, the big difference is that they are provided to veterans only. Chicago VA loans are designed as guarantees that allow veterans and service personnel to qualify for a home mortgage that require lower closing costs than required with a [...]
Posted by Dennis Hardy on Mar 10, 2008
The VA loan began in 1944 through the original Servicemen’s Readjustment Act, also known as the GI Bill of Rights. VA guaranteed loans are made by private lenders, such as banks, savings and loans, or mortgage companies to eligible veterans for the purchase of a home, which must be for their own personal occupancy.
To qualify [...]
