Mortgage rates push past 4%
Mortgage rates are heading up, and consumers have an improving economy to blame. The uptick, which has pushed the rate for a 30-year, fixed-rate conventional mortgage above 4 percent, may...
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Mortgage rates top 4% for first time in 5 months
Mortgage rates are heading up, and consumers have an improving economy to blame.The uptick, which has pushed the rate for a 30-year, fixed-rate mortgage over 4 percent, may curb serial...
Prices slide despite 14% gain in Chicago area home sales
The Chicago area's housing market last month seemed to maintain the nascent momentum it has been building, at least in terms of the number of homes sold, but home prices...
Koenig & Strey to add service fee for buyers
Koenig & Strey Real Living next month will begin charging potential buyers a fee to have its real estate agents work with them. Renters, meanwhile, will be charged extra costs...
Illinois 3rd worst in U.S. for delinquency, foreclosure
More Illinois home mortgages backed by Fannie Mae and Freddie Mac were seriously delinquent or already in foreclosure at the end of 2011 than any state other than Florida and...
A golden opportunity to help seniors sell homes
There's a lot of advice out there for first-time homebuyers, but what about last-time home sellers? Baby boomers are getting older, and despite interest in aging in place some seniors...
A golden opportunity to help seniors sell homes
There's a lot of advice out there for first-time homebuyers, but what about last-time home sellers? Baby boomers are getting older, and despite interest in aging in place some seniors...
Illinois groups get $517,000 for housing help
The U.S. Department of Housing and Urban Development announced Friday more than $42 million in grants to local, regional and national groups, including about $517,000 to Illinois organizations, to help...
Chicago-area foreclosures jump 42% in February
Foreclosure activity in the Chicago area soared in February compared with its pace a year ago, according to a new report. RealtyTrac reported Thursday that 11,582 properties within the seven-county...
Putting homeless in abandoned properties fraught with legal problems
Since moving into a home eight weeks ago, Tene Smith has hung one of her paintings on a wall, a reminder of her youthful aspirations to become an artist. She's...