Mortgage Rates Drop to the 5s: What It Means for You Mortgage rates have steadily declined over the past few months,with the 30-year mortgage rate falling by more than 1.0% sinceApril 2024, bringing rates to their lowest levels since February 2023. As of today,...
Scorching Summer Real Estate: 3 Things You Need to Know Home Prices Scorch Inflation Inflation is slowing but home prices have been vigorous, running higher than inflation.In Chicago proper, home prices in June were up 7%, according to data from the...
6 Trends You Must Know About The Chicago Real Estate Market Mortgage Rates Fell- Lowest in More Than a Year Mortgage rates dropped to a 15-month low this week, prompting a flurry of refinancing activity, although buying a home will likely remain tough for a while. ...
More of Same: No Inventory, Higher Prices, Affordability All-Time Low Nationwide Real Estate Stats for June 2024 U.S. existing-home sales declined for the third consecutive month, as higher mortgage rates and rising sales prices hindered market activity during what...
Home Buying Changes in one Month I take calls every day from prospective clients, and to my surprise most have never heard of the NAR settlement. Since it impacts the entire real estate transaction (not only in Chicago but nationwide), I must spell it out...
