A new report from the FHFA will require Federal Home Loan banks to take on more responsibility for affordable housing goals. The report suggests that the number of Home Loan banks may be reduced and executive compensation reduced by 80%. The banks have the option to...
Approximately 81% of Cook County residents experienced an increase in their property taxes, with some areas seeing up to a 15% increase. The northwest suburbs, including Melrose Park, Des Plaines, and Hoffman Estates, were hit the hardest. The Cook County...
Median home price in Macomb: $69,900; ~$250K < state avg Despite savings, homes in Macomb are 400 sq ft smaller on avg. Reasonably sized homes in Macomb listed > $35K.
Thanksgiving is commonly known to commemorate the colonial Pilgrims’ harvest meal that they shared with Wampanoag Indians in 1621But it wasn’t a holiday until 1853 that Abraham Lincoln declared it a national holiday and kept Thanksgiving as the last Thursday in...
In October 2023, the inventory of homes for sale continued to grow late into the season, with 2.0% fewer homes actively for sale on a typical day compared to the same time in 2022. The total number of unsold homes, including homes that are under contract, decreased by...
If you're a first-time homebuyer who's struggling with the credit and down payment requirements that traditionally come with getting a mortgage, these home loans for first-time buyers can help you overcome those hurdles and finally get the keys to your very...
