New foreclosure filings show big decline
It's another piece of the puzzle needed to complete a recovery of the housing market, and there are signs that it's falling into place. Foreclosure activity last year in the...
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Mayor’s plan could tighten affordable housing law
Developers behind some of Chicago's toniest residential high-rises could be required to set aside some units as affordable housing as part of a five-year housing plan Mayor Rahm Emanuel is...
Trade group expects less mortgage loan activity this year
Mortgage loan activity this year will be less than expected because of higher interest rates and fewer applications, the Mortgage Bankers Association said Tuesday.The trade group lowered its forecast for...
It’s prime time for a simple mortgage app
A year ago, after studying a consumer's ability to shop for a mortgage online, Fannie Mae researcher Steve Deggendorf concluded that what the market needed was an easy-to-use comparison shopping...
It’s prime time for a simple mortgage app
A year ago, after studying a consumer's ability to shop for a mortgage online, Fannie Mae researcher Steve Deggendorf concluded that what the market needed was an easy-to-use comparison shopping...
Mortgage rates hold steady
Average mortgage interest rates remained largely unchanged this week.The average rate for a 30-year, fixed-rate mortgage was 4.51 percent, compared with 4.53 percent for the week ending Thursday, and 3.40...
Chicago home prices jump by biggest margin since 1988
Chicago-area home prices rose 10.9 percent in October from a year ago, the best showing for the local market since December 1988, according to a widely watched housing price index...
Zillow tool aims to check pulse of housing market
An abundance of metrics about the housing industry is available to anyone with access to the Internet, but it takes more than one statistic to help determine whether a particular...
Zillow tool aims to check pulse of housing market
An abundance of metrics about the housing industry is available to anyone with access to the Internet, but it takes more than one statistic to help determine whether a particular...
It’ll take time to see effect of new mortgage rules
New regulations governing home loans take effect Jan. 10, but it's likely to take a few months to see how much they really alter a prospective borrower's ability to get...