Mortgage rates little changed despite economic data
The forces that move mortgage rates must have taken the week off because despite two good reports on the economy, borrowing costs were little changed this week.The average interest rate...
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Chicago-area rents continue to climb
Average monthly apartments rents in the Chicago area are pushing $1,100 and strong demand for rental units here and elsewhere is expected to keep them higher for a while.Typically, the...
Chicago-area rents continue to climb
Average monthly apartments rents in the Chicago area are pushing $1,100 and strong demand for rental units here and elsewhere is expected to keep them higher for a while.Typically, the...
Fannie, Freddie in search of those still eligible for HARP
Amid flagging interest for the Home Affordable Refinance Program, Fannie Mae and Freddie Mac are taking their pitch on the road, with the first stop in Chicago next month. Mel...
Mortgage rates fall on economic worries
Disappointing reports on the nation's economy sent down average fixed mortgage rates this week, beating their year-ago comparisons.The average rate on a 30-year, fixed rate mortgage was 4.14 percent this...
Proposal would bring indoor sports center to Pullman neighborhood
An indoor sports center, bigger than two football fields and partially funded with federal disaster relief tied to Hurricane Ike, could be headed to Chicago's Pullman neighborhood under a proposal...
Alderman, activists gather to support residential hotels
Aldermen and community activists gathered at City Hall Wednesday morning before the City Council meeting to voice support for efforts to maintain housing for very low-income residents.A proposed ordinance introduced...
Proposal would bring indoor sports center to Pullman neighborhood
An indoor sports center, bigger than two football fields and partially funded with federal disaster relief tied to Hurricane Ike, could be headed to Chicago's Pullman neighborhood under a proposal...
Chicago to ask for temporary halt of single-room occupancy hotel conversions
Chicago is calling for a six-month moratorium on conversions of single-room occupancy hotels and residential hotels while it tries to figures out how to regulate the gentrification that has put...
Chicago home sales not keeping pace, but prices up
Sales of existing homes in the Chicago area failed to beat their year-ago comparisons for the fifth consecutive month in May, but prices rose more than 13 percent from a...