Candace McGlothan, Realtor

09/10/2022

The interest rate is back on the move. Waiting for the right time can cost you more than you think. The federal reserve will be meeting again at the end of quarter 3 and possibly increasing rates again to curb inflation. If you’re looking now is the time. Ask for a interest rate lock!

Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the central bank is taking "forceful and rapid" steps to reduce inflation and slow the economy.

08/31/2022

For homeowners who want financing in addition to an existing loan, rates for second mortgages are high on the list of things to consider. A second mortgage allows you to borrow money against the equity you’ve built in your home. Here is some more important information homeowners should know about ...

08/29/2022

Crete, ILMarket Update $281,250Median List Price$217,500Median Sale Price62Homes For Sale18Homes Sold35Days on MarketCurious about home values in this area? Check the ValuesPlease feel free to get in touch with any real estate questions. We welcome your business, and we promise to take exceptional c...

08/24/2022

Renovations can increase the value of your home. However, not every renovation project is a good investment. Unfortunately, many renovations can actually lower your home’s resale value and cost more than you bargained for. If you’re interested in renovating your home, make a note of these projec...

08/20/2022

Oak Park, ILMarket Update $359,000Median List Price$393,000Median Sale Price232Homes For Sale93Homes Sold24Days on MarketCurious about home values in this area? Check the ValuesPlease feel free to get in touch with any real estate questions. We welcome your business, and we promise to take exception...

08/17/2022

A major aspect of financing a home is choosing the “term” of a mortgage. But what exactly are mortgage terms? While terms vary by mortgage lender, many are shared across the board. The more you know about the terms of a mortgage, the better prepared you’ll be to pay it back.What is a mortgage ...