In this episode of Get Real with Eddie, Eddie and Nancy tackle a big question on the minds of many veterans and active service members: is a VA loan still a smart financial move in 2025? They break down how VA loans compare to conventional options in today’s market, discuss current interest rates, and explain what buyers need to know when navigating the homebuying process with a VA loan.
The conversation also touches on the importance of honoring our veterans, police officers, and firefighters, as well as a closer look at real estate sales data from Lockport, Illinois. Eddie and Nancy discuss how increased inventory is creating new opportunities for buyers and whether we’re currently facing a housing shortage or surplus. They also spotlight a new listing at 13 Harmony Lane in Romeoville and share insights into whether adjustable-rate mortgages make sense in today’s environment.
If you're considering a move, holding onto a low mortgage rate, or just trying to understand the real estate market better, this episode is packed with value and perspective. Be sure to tune in, and don’t forget to subscribe and share!
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⏱️ Episode Chapters & Timestamps: 00:00:00 – The Weekend 00:02:30 – THANK YOU to the Veterans, Police, Firefighters, and More! 00:03:11 – VA Home Loans 00:10:17 – Finding a Way to Buy a House 00:15:48 – Why Move with a 3% Mortgage? 00:22:15 – Sales Data for Lockport, IL 00:28:19 – More Homes for Sale = More Opportunity 00:34:03 – Housing Deficit or Surplus? 00:37:37 – 13 Harmony Ln, Romeoville – New Home Coming 00:43:08 – Adjustable Rate Mortgages