Mortgage rates ease for second week
Average mortgage rates ticked downward for a second consecutive week. The average on a 30-year, fixed-rate loan was 4.31 percent this week, according to Freddie Mac's weekly survey conducted earlier...
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Home sales, prices in Chicago, 9-county area encouraging
Lindsay and Glenn Fuller's three-month quest to move from their Naperville "starter" house to a "forever" home involved looking at more than 40 properties, having an above-list-price offer rejected and...
Chicago homes sales, prices continue gains in June
The Chicago-area's housing market continued its recovery last month, as a steep drop in inventory continued to push June prices up to levels not seen in at least three years....
Homeowners still struggling as housing numbers trend upward
It's another upbeat sign for the housing market. In 2009, Wells Fargo invited 16,000 financially struggling Chicago-area mortgage customers to its first local workshop aimed at helping people save their...
State ‘hardest-hit’ homeowner assistance program to end
Illinois will end its "hardest-hit" financial assistance to homeowners in the fall, as funds in the program are nearing depletion. The state will stop taking applications for the funds Sept....
Homeowners still struggling as housing numbers trend upward
It's another upbeat sign for the housing market. In 2009, Wells Fargo invited 16,000 financially struggling Chicago-area mortgage customers to its first local workshop aimed at helping people save their...
Mortgage rates slip this week
Average mortgage rates ticked downward this week, providing would-be homebuyers and mortgage refinancers with a respite from the climb that began in early May.The average interest rate on a 30-year,...
Madigan hands out another $70M from foreclosure settlement
Fifty-four nonprofit groups and agencies trying to help homeowners and reverse the blight left in the wake of the foreclosure crisis will share $70 million provided by the nation's five...
Lisle hopes new subdivision bolsters economic growth
Almost 15 years after Lisle expected development on a 60-acre parcel in the western suburb, the dirt is finally moving, turning raw land most recently used for farming into 162...
Jumbo mortgage loans are back on the table
It's a good time to buy an expensive home. Jumbo mortgage loans, which sizzled during the housing market's run-up and then fizzled spectacularly, are back with more flexible products from...