Everything you need to know about mortgages in Q3 2022
/If you are anything like me, the constant market fluctuations leave you frustrated and confused, and for good reason. The market in recent months has been ALL over the place! Lucky for both of us, anytime I have questions about the market, I turn to my good friend Chad Lubben of CrossCountry Mortgage. Chad has been a lender for 20 years, and we have worked together for over 10 years. Chad is SMART. He is one of those people that can naturally break down a complex concept in simple and easy to understand terms.
We recently got together to talk about all the current hot topics when it comes to lending, mortgages and the market. Specifically, we covered:
The annual return on average Chicago home (this number shocked me)
Net gain of owning a home in Chicago for 5 years
What it means and how to buy down your interest rate (if you are thinking of buying, you need to know about this option!)
Chad's recession predictions and what that mean for real estate values (so comforting)
It’s a quick listen, and so informative! As always, please reach out with any specific questions!