Housing / Real Estate Questions

Refinancing — worth it?

We have 8 years left on our mortgage, at a rate of 4.5%. Should we even bother trying to refinance?..

Reverse mortgage — moving out?

Can I leave my home that has a reverse mortgage & give the home to the mortgage company without paying..

Mortgage refi on a farm

We are farmers and have a 2 year old 30 year mortgage with First National Bank at 4.75%. My husband..

potential mortgage — rates low, but home prices high

Hi Ms. Savage. I enjoy hearing you on WGN and appreciate the hard work you do in answering questions for..

Chosen for Mortgage Assistance

Hi Terry – I received a notification from Cook County via e-mail today that I had been selected to finish..

Home & rental prop refi

Hi Terry, does it make sense to use a low int. equity line (0 balance) to pay down a higher..

Refinancing at my age

Is there an age when a person should NOT refinance? I know I’m not giving you a lot of information..

Refinancing Delays with Hochberg

I began the refinancing process in August 2020. I goy all of the required info and sent it in. The..

VA Mortgage at age 88

At age 88, am i eligible for a VA mortgage(all other requirements met).

Capital gains on sale of income real estate

I’m selling a two flat income property and trying to avoid capital gains tax. What are my options

Illinois mortgage assistance

Mortgage assistance from the federal gov’t 5000- 15000 towards your mortgage.

home refinancing

How can I find the best deal – no closing cost? – on home refinancing?

Re-finance mortgage?

Hi Terry – I attended your presentation last week at Uline. You mentioned we should look into refinancing our mortgages...

Nonrecourse Reverse Mortgages

For a widow who is 80 years old on Soc. Sec. with a $65,000 mortgage and similar amount in 401K,..

refinancing home

We have a $90,000 home mortgage and a $30,000 equity loan. Should we combine the loans into one às the..

Home equity loan or Reverse Mortgage?

Hi Terry, listen to you on WGN Business lunch.Always good advice. I have an equity loan and owe $39,000. Interest..

Refi mortgage – Guaranteedrate.com recommendation

What is the name of the GuaranteedRate.com loan officer you mentioned a few weeks ago – first name begins with..

Time to Sell in Suburbs?

I have a 2018 built house in the suburbs (Yorkville) and I need to move to Indianapolis eventually. Do I..

Which property to refinance?

Terry, I would like to take advantage of the existing mortgage rates and refinance. I have a home mortgage at..

Delaware Statutory Trust

I am selling a commercial property. In order to defer the capital gains taxes I’m looking at Delaware Statutory Trust...

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