Housing / Real Estate Questions

mortgage short -term payment suspension(forbearance)

Hello Terry, Wells Fargo Approved my forbearance for the three month’s , now they telling me must pay back all..

tapping into home equity

I own a home; there is no mortgage. My elderly 95 year old mother lives in the house independently. She..

Refinance

Hi Ms. Savage, I’ve watching you for years and I respect you and your experience. I recently got a refinance..

Buying a home now

Hello Terry I was divorced last Sept. and was looking to move out of IL with my son to be..

Capital Gaines on property that was a gift

Terry, I was gifted 25 acres (15 acres 30 years ago and 10 acres 15 years ago) I’m now preparing..

Refinance adjustable mortgage that has 15 years left.

We want to refinance our mortgage since it’s a adjustable rate at 3.2 percent and lock it in at a..

30 year Fixed Loan rates

Currently at 3.99, it now at 3.27. Where do you see it bottoming out at. Kiplinger Letter says it will..

To refinance or not

Terry, I have a 5.5% FHA mortgage with 13 years , 132k left and $25k in CC debt. Should I;..

Savings for Real Estate

Hi Terry, My partner and I are looking to buy real estate investment property in the next few years. In..

Home equity access

Hi Terry! I am living on SS, was supplementing it with a part-time job which I lost so will run..

Mortgages during Covid-19

The other day, I heard part of a conversation, on WGN, about mortgages. I believe the guest said that until..

Re-finance mtg interest rates

I thought that interest rates are dropping so I wanted to refinance my home loan. The current rate is higher..

HELOC refinance

I’m thinking it’s a good time to refinance my HELOC. Any recommendations on what options there are available? Really enjoy..

Reverse Mortgage

I did see a segment with you on WGN Morning show that talked a little on Reverse Mortgages. I had..

Refinancing

I currently have an FHA loan with a PMI of $61.60 a month for another 7 years my interest rate..

Refinance mortgage or get a loan

We are 16 years into a 30 year ARM Balance is 53,000 Current rate 4.250 Do we refi to get..

Buy real estate now???

I sold my home last year and live in an apartment. Is this a good time to take half of..

Refi Home Mortage?

Is this a good time to refi my home mortgage, to reduce form 30 yr to 15yr?

Mortgage payment deferral or refinance

My Associated Bank lender is offering 90 day deferral of payments on my mortgage. I dont know their exact terms..

House Purchase

My wife and I recently put an offer in on our retirement house. Then the market collapsed and is still..

money

ASK TERRY

a personal
finance question