Efforts under way to open more doors to homeownership
New efforts are being taken to make it easier for homebuyers, particularly first-timers and those who were burned during the recession, to buy a home. Illinois' state housing agency is...
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Do’s and don’ts for sellers in today’s housing market
It seems to be a good time to be a home seller. Prices are higher than a year ago in most markets, and good homes are selling fast. Unfortunately, that...
Do’s and don’ts for sellers in today’s housing market
It seems to be a good time to be a home seller. Prices are higher than a year ago in most markets, and good homes are selling fast. Unfortunately, that...
Ethnic, racial differences emerge in study on home preferences
Growing racial and ethnic diversity over the next 15 years could prompt builders to tinker with their home plans, or at least widen the array of options for consumers. That's...
Ethnic, racial differences emerge in study on home preferences
Growing racial and ethnic diversity over the next 15 years could prompt builders to tinker with their home plans, or at least widen the array of options for consumers. That's...
Mortgage rates down slightly this week
Average mortgage interest rates eased slightly this week, but may begin to move higher again next week, Freddie Mac said Thursday. The average rate on a 30-year, fixed-rate mortgage was...
Mortgage servicers complete payouts in landmark settlement
The nation's five largest mortgage servicers have fulfilled their obligations under a landmark government settlement designed to punish companies for shoddy mortgage practices. Altogether, the five servicers -- Bank of...
Mortgage rates climb on positive economic news
Average mortgage rates moved up this week, Freddie Mac said Thursday.The average interest rate on a 30-year, fixed-rate loan was 4.37 percent, compared with 4.28 percent last week and 3.63...
Spire developer resolves debts, looks to start again
The fight for control of the Chicago Spire's site is headed toward resolution, after which the hunt for the funds to build it can begin anew. Shelbourne North Water Street...
Economic reports drive mortgage rates downward
Weaker-than-expected reports on the economy and the housing market helped push down average mortgage rates this week, after several weeks of small increases. The average interest rate on a 30-year,...