The Fed raised the Federal Funds Rate again, but does that automatically mean mortgage rates are going higher? Not exactly. The Federal Funds Rate and mortgage rates are two different things. Fed policy can influence the overall interest-rate environment, but mortgage rates also react to inflation, the bond market, economic data, and investor expectations. For homebuyers, the better strategy usually isn’t trying to perfectly time mortgage rates. Build a plan that works with today’s numbers and know what your options are if rates change later. Thinking about buying a home in Chicagoland? Reach out to The Kombrink Team and let’s talk through the numbers.
Northern Illinois Real Estate Videos & Market Updates
Get straightforward real estate advice, housing market updates and local insights from The Kombrink Team. Our Northern Illinois real estate videos cover home buying, selling, home prices, mortgage rates, home equity and current market conditions throughout Geneva, St. Charles, Batavia, Aurora, Elgin, Naperville and communities across Kane and DuPage Counties.
Whether you're planning a move or simply keeping an eye on the market, browse the latest videos below or choose a topic to get started.
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Think closing costs are the same everywhere? Nope. They can vary from $1,500 to over $10,000 depending on your location, price point, and even attorney fees. Know what to expect before you start house hunting—especially here in the Fox Valley. Reach out to The Kombrink Team for local guidance!
Veterans, here’s something you need to know. Only 3 in 10 Veterans realize they may qualify for a VA loan with ZERO down payment. No down payment required No PMI (private mortgage insurance) Limited closing costs A VA loan could help you buy a home sooner than you think, and it’s one of the biggest benefits you’ve earned. Curious if you qualify? Let The Kombrink Team at One Source Realty connect you with trusted VA lenders today.
