Chicago and Oak Park Mortgage Rates Ticking Up – 8/17

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 mortgage rate possible. Please see my recommendations below.

Short-term – LOCK if less than 7 days, FLOAT 15 – 30 days

Long-term – FLOAT

Click here if you want to know the rates for your individual situation or have a lending need

Please note that rates were trending upward at the time of writing this post

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