Cook County Land Bank seeks director to succeed Brian White
The Cook County Land Bank Authority is on the hunt for a new executive director after the departure of Brian White. "Our first executive director, Brian White, has done a...
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Sides to face off on Chicago’s affordable housing proposal
Some of Chicago's most active residential developers are headed to City Hall on Wednesday to warn council members what will happen to the city's housing renaissance if a proposal to...
FHA mortgage insurance rate cut to take effect Jan. 26
The Federal Housing Administration on Friday spelled out details of its plan to lower mortgage insurance premiums, a day after President Barack Obama unveiled the effort to jump-start first-time home...
Residents get behind $1 city lot program
The 6600 block of South Union Avenue contains more sad-looking vacant lots and boarded-up homes than it does residents, but Asiaha Butler can't help but get excited while talking about...
Obama touts reduction in FHA insurance rate
President Barack Obama on Thursday laid out the administration's latest effort to breathe new life into the nation's housing market and increase the ranks of first-time buyers, now at a...
Mortgage rates tumble
Average interest rates on fixed-rate mortgages fell this week to their lowest level since May 2013, Freddie Mac said Thursday. The average rate on a 30-year loan was 3.73 percent,...
FHA rate reduction will lower mortgage insurance premiums
The Federal Housing Administration will reduce the mortgage insurance premium rate charged on loans backed by the agency in an effort to turn more renters into homebuyers, the White House...
Steps to take before buying a home in 2015
Buying a home probably isn't a New Year's resolution the way that getting in shape or getting organized is. But with interest rates low, credit easing, home price gains moderating...
Hopes high that millennials will embrace homeownership
Players and prognosticators in the nation's housing market are holding out hope that 2015 will bring reasonably low interest rates, slowly rising home prices and increased mortgage availability. That's all...
Illinois leads nation in residents packing up, heading out
It's a clear No.1 ranking for Illinois, but not one that likely will be touted by corporate recruiters or politicians. Of all 50 states, Illinois was tops for outbound versus...