{"id":24,"date":"2026-09-29T21:19:39","date_gmt":"2026-09-29T21:19:39","guid":{"rendered":"https:\/\/www.sentenorealestate.com\/blog\/2026\/09\/29\/chicago-mortgage-overpayment-costs\/"},"modified":"2026-09-29T21:19:39","modified_gmt":"2026-09-29T21:19:39","slug":"chicago-mortgage-overpayment-costs","status":"publish","type":"post","link":"https:\/\/www.sentenorealestate.com\/blog\/2026\/09\/29\/chicago-mortgage-overpayment-costs\/","title":{"rendered":"Chicago Mortgage Overpayment Costs"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/victor-senteno\/homebuyers-overpaying-mortgages-remotion-videos-fc79\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>In 2025 mortgage data, Chicago was one of just two major metros that matched or exceeded the 87% national borrower overpayment rate.<br \/>\nIn Chicago, buyers who overpaid often could have found lower rates, but weak price transparency and limited shopping kept better offers hidden.<br \/>\nOne survey in the analysis found 49% of buyers seriously considered only one lender, a pattern Chicago borrowers can watch for when comparing loans.<br \/>\nFor Chicago buyers, the clearest playbook was simple: gather at least three quotes, compare APRs, ask whether points apply, and negotiate fees.<br \/>\nFor Chicago buyers, federal rules also allowed shopping some third-party services, while competing loan estimates could help press lender fees even lower.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In 2025 mortgage data, Chicago was one of just two major metros that matched or exceeded the 87% national borrower overpayment rate. In Chicago, buyers who overpaid often could have found lower rates, but weak price transparency and limited shopping kept better offers hidden. One survey in the analysis found 49% of buyers seriously considered [&hellip;]<\/p>\n","protected":false},"author":367,"featured_media":25,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/24","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=24"}],"version-history":[{"count":0,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/24\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/media\/25"}],"wp:attachment":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=24"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=24"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=24"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}