William Piotrowski Mortgage Consultant

11/03/2025

BUSINESS TIP OF THE WEEK

Successful people never stop learning. They constantly listen to podcasts, attend seminars, check into webinars, and mastermind with other successful people, including those outside their industry. The more you learn, the more value you bring to each client you work with. 630-881-8655

11/03/2025

FEDERAL RESERVE WATCH

Forecasting Federal Reserve policy changes in coming months. Despite the Fed chair's post-meeting comments last week, the futures market still sees another quarter percent rate cut in December, but a hold after that. Note: In the lower chart, the 69.2% probability of change means there's only a 30.8% probability the rate will stay the same. Current rate is 3.75%-4.00%.
630-881-8655

11/03/2025

THIS WEEK'S FORECAST

CONSTRUCTION SPENDING, MORTGAGE APPLICATIONS, SERVICES, MANUFACTURING, JOBS... There are no forecasts for the September Construction Spending or October Employment reports, as they're expected to be delayed by the government shutdown. But we will get MBA Mortgage Applications to check on current buyer activity. And the October ISM Manufacturing index should show that sector slightly in contraction, while ISM Services reveals the dominant sector of the economy is still expanding. 630-881-8655

11/03/2025

REVIEW OF LAST WEEK

WINNING MONTH... The three major indexes notched weekly and monthly wins, as traders sent stocks northward, buoyed by a quarter point Fed rate cut, a U.S.-China trade deal, and better-than-expected Q3 corporate earnings.

Fed chair Jerome Powell turned hawkish in his presser, warning us that we shouldn't take a rate cut in December for granted, but the futures market still booked a better than 60% chance we'll get one.
The Consumer Confidence Index didn't show much change in October, but there wasn't a lot more economic data, courtesy of the government shutdown. Instead, traders rallied around the booming investment in AI.

The week ended with the Dow UP 0.8%, to 47,563; the S&P 500 UP 0.7%, to 6,840; and the Nasdaq UP 2.2%, to 23,725.

Bonds headed in the other direction, the 30-Year UMBS 5.0% down 56 basis points, to 99.17. The national average 30-year fixed mortgage rate decreased for the fourth consecutive week in Freddie Mac’s weekly Primary Mortgage Market Survey. Remember, mortgage rates can be extremely volatile, so check with your mortgage professional for up-to-the-minute information. 630-881-8655

11/03/2025

DID YOU KNOW… According to a national online real estate database, during the four weeks ending October 26, median monthly housing payments saw their sharpest drop in almost a year, falling 1.4% annually. 630-881-8655

11/03/2025

NATIONAL MARKET UPDATE

September’s Pending Home Sales index of signed contracts on existing homes was unchanged for the month, and down just a smidge year-over-year. Inventory hit a five-year high, giving buyers more options and room to negotiate.

Mortgage demand rebounded last week, as applications for purchase mortgages were 4% higher for the week, and 20% higher than a year ago, with more borrowers opting for fixed-rate loans.
Home price increases continue to slow. August’s S&P Cotality Case-Shiller index was up just 1.5%, the weakest annual gain in over two years. These slowing price increases are improving the potential for greater affordability for buyers. 630-881-8655

11/07/2024

Did you know...William Piotrowski is a dedicated and knowledgeable mortgage professional serving the Naperville, IL area, known for his expertise and commitment to helping clients achieve their homeownership dreams. With a deep understanding of the mortgage process and the ever-evolving real estate market, William guides clients through financing options tailored to their unique needs, whether they're first-time buyers or seasoned homeowners.

He stands out for his client-first approach, ensuring clear communication, personalized advice, and smooth transactions. His local insight into Naperville's housing trends and his focus on building lasting relationships make him a valuable partner in the mortgage journey.

If you're looking to navigate the complexities of home financing with confidence and ease, William Piotrowski is a trusted resource in the Naperville area.

@ 630-881-8655

03/15/2024

Hello Future Buyers & Sellers,

Thinking about buying or selling a home?

If so, it's important to know what's happening in the housing market.

Right now, the supply of homes for sale is growing, prices are on the rise, and homes are selling fast.

Wanna know what this means for your plans?

Let's chat about what's happening in our area @630-881-8655

01/04/2023

01/04/2023

Are you ready to make the move ???

Make the call today 630-881-8655

12/07/2022

Hello Chicagoland and Midwest Collectors!!!

4 days left for the Hottest Toy Show in the Midwest we will have 70 vendors!!!

December 11, 2022 Doors open at 8:00 AM

Stop on over and grab a few things for your collection. You don't want to miss this one, it's the talk on the streets.

Lincoln’s Toy Land, we will have something for everyone!!!

8:00 AM to 2:00 PM we are located at the VFW located at 1026 E. 9TH ST. Lockport, IL 60441 1 mile west of 355 tollway

$1.00 Dollar Admission — at Lockport Veterans of Foreign Wars - VFW Post 5788