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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 see all

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  • Local foreclosures decline, but still higher than U.S. average

    Local foreclosures decline, but still higher than U.S. average
    Foreclosure activity in the Chicago area continues to decline but remains above the national average. That's bad news for local home sellers who have a foreclosed home nearby because while home sales prices are decidedly up year-over-year, they could be higher.
  • First half of 2014 helps gauge area housing market

    First half of 2014 helps gauge area housing market
    Housing market results from the year's first half are in the books, providing researchers and prognosticators with a dizzying amount of data to crunch to figure out where the market is headed. Look at enough of it, and believe me, I do, and a few...

    Home equity line defaults are likely to rise

    Home equity line defaults are likely to rise
    A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing. Many homeowners who took out home equity lines, essentially second mortgages, during...

    How to avoid the next housing bust

    The boom-and-bust in the housing market has ruined lives, wiped out vast amounts of wealth and taught some hard lessons — including at least one that Congress has seen fit to ignore: Fannie Mae and Freddie Mac have got to go. These huge,...

    City seeks to put a dent in false property filings

    City seeks to put a dent in false property filings
    Concerns that homeowners are unwittingly being taken advantage of by unscrupulous individuals remain top of mind for authorities, despite improvements to the housing market. In the past few weeks, a Chicago City Council committee urged the Cook County...