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Chicago Mortgages

A collection of news and information related to Chicago Mortgages published by this site and its partners.

Top Chicago Mortgages Articles

Displaying items 25-36
  • Chicago-area home sales down 10% in April as inventory remains tight

    Chicago-area home sales down 10% in April as inventory remains tight
    More Chicago-area homes came on the market in April than in any month during the past four years, a good sign for buyers stymied by a lack of inventory during their home search this spring. Still, the number of available homes listed through the local...
  • More homeowners are becoming first-time landlords

    More homeowners are becoming first-time landlords
    The real estate market has long worked on a simple system: If you want to buy a new house, sell the old one and use the equity for a down payment. But the last few years of low ownership costs and rising rents have some move-up buyers trying a new...
  • New foreclosure filings show big decline

    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 Chicago area fell to its lowest level since 2008, when the housing crisis began...
  • Undercover operative in probe of alderman's chief of staff testifies in court in another case

    Undercover operative in probe of alderman's chief of staff testifies in court in another case
    The undercover informant who secretly recorded meetings with Ald. Howard Brookins as part of an FBI sting testified Monday that he also wore a wire for authorities after his 2008 arrest in a federal mortgage-fraud investigation. Mhde Askar, who...
  • Chicago-area home sales, prices rebound in 2013

    Chicago-area home sales, prices rebound in 2013
    Seven years after crashing in spectacular fashion, the Chicago area's housing market found its footing in 2013, leading to optimism that the darkest days are behind an economic growth engine that fuels the sale of everything from home loans to lawn...
  • Unresolved foreclosure cases pile up in Cook County

    Unresolved foreclosure cases pile up in Cook County
    Editor’s note: The Woodstock Institute said Friday it made a significant error in reporting foreclosure cases for Cook County. The error, in turn, affected several of its findings contained in a story on the front page of Wednesday’s...
  • Bernanke leaves legacy of stimulus and stagnation

    WASHINGTON — As Ben S. Bernanke walks away from the Federal Reserve's marble headquarters on the Mall after presiding over his last policy meeting Wednesday, he will leave behind a bittersweet legacy. On one hand, his unprecedented efforts to...
  • Make an informed decision regarding property value

    Q: I have owned my building for eight years and have been living in one unit and renting out the other for just as long. I recently moved from my rental property and purchased a house in a different state with my wife and kids. Trying to maintain the...
  • Salaries needed to own a home in 25 major U.S. cities

    Salaries needed to own a home in 25 major U.S. cities
    It should come as no surprise that in order to own a home in cities like New York or Los Angeles, you have to have a higher than average salary.  But what about other cities like Dallas, Chicago or even right here in Orlando?  Mortgage resource...
  • Obama talks housing in Los Angeles with Zillow.com

    Obama talks housing in Los Angeles with Zillow.com
    President Obama paused on his trip through Los Angeles on Wednesday to conduct a novel interview on housing policy with the chief executive of the real estate website Zillow.com. The president reiterated his call for the passage this year of a broad...
  • 5 years after financial crash, many losers -- and some big winners

    5 years after financial crash, many losers -- and some big winners
    Never let a crisis go to waste, says an old rule of politics. For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
  • Dealing with Chicago's vacant buildings isn't an open-and-shut matter

    Dealing with Chicago's vacant buildings isn't an open-and-shut matter
    Dorothy Leonard has lived for 33 years in the same house on the same block in West Humboldt Park, one of the better blocks in the struggling West Side Chicago neighborhood. She's the block's unofficial ambassador, shooing away young people who gather...