Chicago rules the roost for bargain-hunting homebuyers
Chicago may be the Second City but it's No. 1 for bargain-hunting homebuyers. Of the 50 largest metropolitan markets, the Chicago area is the top buyer's market, according to real...
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30-year mortgage rates dip to 3.62%; 15-year at 2.89%
The average interest rate on the benchmark 30-year, fixed-rate mortgage hit another low this week.For anyone counting, that means the interest rate has matched or hit a new low in...
Consumer report raises concerns about reverse mortgages
A loan product issued to only about 70,000 consumers on average each year might not seem popular enough to warrant a 231-page report from the Consumer Financial Protection Bureau. But...
30-year mortgage rates dip to 3.62%; 15-year at 2.89%
The average interest rate on the benchmark 30-year, fixed-rate mortgage hit another low this week.For anyone counting, that means the interest rate has matched or hit a new low in...
Consumer report raises concerns about reverse mortgages
A loan product issued to only about 70,000 consumers on average each year might not seem popular enough to warrant a 231-page report from the Consumer Financial Protection Bureau. But...
Confidence rebuilding in Chicago housing market
Homebuilders haven't been a particularly confident bunch the past few years, and who can blame them? But that appears to be changing. While it won't mean an abundance of homes...
Confidence rebuilding in Chicago housing market
Homebuilders haven't been a particularly confident bunch the past few years, and who can blame them? But that appears to be changing. While it won't mean an abundance of homes...
New battle brewing over foreclosed properties
The question of who is responsible for the costs associated with foreclosed homes has once again surfaced in Illinois courts. First, and still unresolved, is the dispute centering on whether...
Redeveloped landmark wins Good Neighbor award
When it was built in 1930, the uniquely shaped building at Milwaukee, Kimball and Diversey avenues was the Art Deco home for the corporate offices of Hump Hairpin Manufacturing Co....
Chicago-area home prices break 49-month losing streak
It's just $100, but there's a lot of symbolism in that $100. May's 0.1 percent year-over-year gain in the median sales price of existing homes in the nine-county Chicago area...