The Federal Reserve announced a rate hike between 1.5 percent and 1.75 percent, possibly pushing mortgage rates as high as 5 percent by the end of 2018. Economists Predict Three Adjustments in 2018 Economists predict the move will be the…
MARKET SNAPSHOT – CITY OF CHICAGO *The City of Chicago Market Snapshot represents the residential real estate activity within the 77 officially defined Chicago community areas as provided by the Chicago Association of REALTORS®. 1,514 properties were sold in the…
Despite more than three hours of nearly 65 speakers voicing opposition, urging Commissioners to defer or oppose the ordinance, the Cook County Board of Commissioners voted to approve an ordinance requiring developers to pay prevailing wages and hire apprentices to take advantage…
The IRS last week clarified that, in many cases, taxpayers may continue to deduct interest paid on home equity loans, home equity lines of credit (HELOC) or second mortgages, regardless of how the loan is labeled, provided the loan is…
If your clients are looking to purchase a home in a low-to-moderate income (LMI) community, Chase could help with closing costs and down payment assistance. Chase Home Lending is offering up to $3,000 in homebuyer grants and incentives serving lower-income…