A new home tends to be the largest purchase and investment most people will make, and a mortgage is therefore the largest debt a family might face in their lives. In light of that, many may consider trying to push themselves to pay their mortgages off earlier than planned. There are a handful of questions [...]
Market Comment


Mortgage bond prices were higher last week which pushed mortgage interest rates lower. Rates were helped considerably by the Fed announcement which indicated they would try to keep rates low through 2014. This was a significant revision to prior remarks which set 2013 as the timeframe. The Fed went on to note that global [...]
Lincoln Park is one of Chicago’s oldest and most storied neighborhoods, boasting several famous landmarks and attractions. It is currently considered one of the liveliest neighborhoods on the city’s north side, home to several dance and music clubs, theaters, and other nightlife enjoyed by the young urban professionals and DePaul University students who populate the [...]
Market Comment

Mortgage bond prices were lower last week, which pushed mortgage interest rates higher. Inflation fears were reignited when the core producer price index came in higher than expected. Germany had a successful 2Y debt auction, which alleviated some of the short-term Euro debt concerns. Germany has been one of the few bright spots for [...]
PERL Mortgage is an Illinois residential mortgage licensee (MB0004358) and equal housing lender