In Chicago, it’s become harder to get a home loan
Housing prices are climbing and home purchases are increasing, but almost 10 years since the housing crash began it's not getting easier to get a mortgage. In Chicago, it's especially...
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Your retirement may be in jeopardy. Here’s how to save it.
Only 21 percent of Americans are "very confident" they ever will have enough money for retirement, and many are worse off than they think, according to a new study. With...
Chicago-area home prices jump 7 percent; buyers struggle with low inventory
With mortgage interest rates below 4 percent, loans somewhat easier to get and the job market the strongest it's been since the recession, there's an increased interest in buying homes....
College financial aid shifting toward the affluent, study says
Are you getting gouged on college? If you come from a relatively low-income family, there's a strong chance you are. In fact, you may be subsidizing the education of a...
In Chicago, boomers still have higher incomes than millennials, study says
Despite the financial struggles of many millennials, about 1.6 percent of millennials living in Chicago have incomes of $350,000 or more, according to a study done by Zillow. Yet, Chicago...
Consumers spending on homes, health — and little else
Look in the mirror. Do you see a person with a resolute brow, armor across the chest, sword drawn in the right hand, shopping bag in the left? That's the...
Illinois to receive $13 million in mortgage crisis settlement
The Lawyers Trust Fund of Illinois has received $13 million to help individuals in Illinois navigate through foreclosure-related problems as homeowners or renters. The money is part of a settlement...
Illinois’ unemployment rate is among the worst in the nation
Illinois has one of the highest unemployment rates in the country. In January, Illinois' unemployment rate was 6.3 percent, far higher than the nation's 4.9 percent for the same month,...
Illinois’ unemployment rate is among the worst in the nation
Illinois has one of the highest unemployment rates in the country. In January, Illinois' unemployment rate was 6.3 percent, far higher than the nation's 4.9 percent for the same month,...
Among large counties, Lake County is 2nd in nation for wage growth
In Lake County, pay increases measured by the federal government rose faster than all but one other large county in the nation during the third quarter of 2015. Wages grew...