Freddie Mac conducted a Harris Poll back in August of 2014 of over 2,000 adults in the U.S. to get a take on what keeps renters renting. And as you can probably suspect, there are a lot of factors.
There are many ways to approach buying and selling property and in today’s era of readily available information, it’s easy to latch onto something like an app or a site as your technological mecca.
There's a new option for qualified first-time homebuyers which will allow them to make a down payment as low at 3%.1 Comment
By most measures, the U.S. housing market's rebound from its recessionary slump remains intact. Recent data continue to trend up, with CoreLogic reporting June 3 that its home price index rose by 10.5 percent in April from a year ago, although the gain was less than the 11.1…
Welcome Home Illinois is a limited initiative, with about $30 million reserved to fund the down payment assistance component of the program. Its goal is to assist about 3,000 buyers throughout the state, according to Cami Freeman, director of marketing and communications at IHDA.
In case you didn't know, the sun has set on many real estate related tax provisions as the clock struck midnight on New Year's. And their elimination could change the way you do taxes in 2014.
New guidance by the U.S. Department of Housing and Urban Development (HUD) put into place August 15 jumpstarts the process of returning to home ownership for prospective buyers who previously went through foreclosures, short sales or bankruptcies.
Although government-backed mortgage enterprises Fannie Mae and Freddie Mac backed roughly nine out of 10 mortgages last year, the drive to make them go away is gaining traction on Capitol Hill.
Of the 50 metro areas that had the highest share of working households with a severe housing cost burden in 2011, Chicago ranked number 12…1 Comment
For residents of Cook County and most of the surrounding Chicago suburbs, the (FHA) loan limit on a single-family residence for 2013 has climbed to $410,000…1 Comment
With mortgage rates lingering at their historic lows, there is infinite possibility (and opportunity!) for first-time home buyers and previous homeowners to take advantage of great deals in Chicago real estate. But there are still a few details to straighten out on your end.
According to the Federal Housing Finance Agency (FHFA), the number of refinancing projects fulfilled through the Obama administration’s mortgage finance program has more than doubled since last May. On top of this positive news, mortgage rates are continuing to plummet, leading experts to believe that the trend will…1 Comment