Mary Ellen Podmolik

Wells Fargo & Co. will offer $8.2 million in down payment assistance grants this month to almost 550 homebuyers in Chicago and 28 suburbs, the bank said Wednesday. The bank's...

Applications to refinance home mortgages rose last week to their highest level in more than three years, as homeowners sought out record low interest rates caused by the Federal Reserve's...

Sales of distressed homes continued to weigh heavily on the Chicago area's housing market in August and caused local homes prices to decline 2.5 percent from a year ago, according...

Federal and state officials and Wells Fargo & Co. will announce on Wednesday a plan to offer down payment assistance grants of up to $15,000 to eligible homebuyers in Chicago...

Average fixed mortgage interest rates hit a new low this week, Freddie Mac reported Thursday.The average rate on a 30-year, fixed rate conforming loan was 3.4 percent, down from 3.49...

The Illinois Attorney General's office said it would give almost $1.4 million over three years to the Lawyers Committee for Better Housing to help provide legal assistance to renters.With the...

Average home prices in the Chicago area in July rose 2.7 percent from June but remain slightly below year-ago levels, according to a widely watched national barometer of home values...