Chicago Real Estate Market Update & Mortgage Rates Drop | Lincoln Park & Lakefront Homes скачать в хорошем качестве

Chicago Real Estate Market Update & Mortgage Rates Drop | Lincoln Park & Lakefront Homes

Chicago’s fall real estate market is heating up with record-low inventory, multiple offers, and an exciting shift in mortgage rates. In this week’s Monday Morning Coffee with Kyle & Ann, we’re joined by Carol Ann Boar of Key Mortgage to break down: • The latest downtown Chicago housing stats • Why homes in Lincoln Park, Lakeview, and Oak Park are still drawing multiple offers • What dropping interest rates mean for your monthly payment • How student loans and debt-to-income ratios impact mortgage approval • Illinois down payment assistance programs still available for buyers • Why now may be the best window to buy or refinance before rates shift again Whether you’re buying, selling, relocating, or downsizing in Chicago, this episode gives you the inside scoop you won’t hear anywhere else. 00:00 – Welcome & Guest Introduction (Key Mortgage’s Carol Ann Boar) 01:20 – Chicago Lakefront Real Estate Market Stats (Sept Update) 02:50 – Low Inventory & Buyer Demand in Chicago Homes 04:05 – Why Private Listings Can Hurt Sellers in This Market 05:30 – Single-Family & Condo Prices at Record Highs 07:00 – Recession Fears and What They Mean for Buyers & Sellers 09:00 – Mortgage Applications Surge: Key Insights from Carol Ann 10:50 – Purchase Loans vs. Refinances in Today’s Market 12:15 – Interest Rate Drops and $250/Month Savings Explained 13:40 – Multiple Offers: Still Competitive, But Less Frenzied 15:20 – Hotspots: Lincoln Park, Oak Park & North Shore Market Trends 17:00 – Fannie Mae & Freddie Mac Future – What It Could Mean for Buyers 20:10 – Condo Financing Challenges & Regulation Changes 22:30 – Illinois Down Payment Assistance & IDA Loan Programs 24:10 – Why Buyers Should Lock Rates Now (Don’t Wait for Lower) 27:00 – Student Debt, Car Payments & Mortgage Approvals Explained 29:20 – Debt-to-Income Ratios: What Buyers Need to Know 30:00 – Final Advice: “Get Off the Couch – Now’s the Time!” If you enjoyed this video, please consider subscribing and hitting the like button — new Chicago real estate tips and market updates every week. 📞 Ready to buy or sell in Chicago? Visit: https://www.annerossley.com For Everything Chicago, Ask Anne... 📩 [email protected] 📞 773-620-5333 🌐 annerossley.com Anne Rossley is a top-producing real estate broker with Baird & Warner, serving luxury and historic home buyers and sellers in Chicago’s downtown neighborhoods — including the Loop, Gold Coast, Lincoln Park, River North, Streeterville, and West Loop. With 38+ years of experience and over $430M in lifetime sales, Anne specializes in relocation, downsizing, and full-service concierge marketing. Follow Anne: Facebook: facebook.com/annerossleyrealestate Instagram: instagram.com/annerossley Twitter: twitter.com/annerossley Linkedin: Linkedin.com/in/annerossley