News / Features

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

Minority-owned small business lender Lendistry to offer home loans in Illinois 

Lendistry Home Loans will offer conventional purchase and refinance loans, as well as loans for non-traditional borrowers. 

This for-sale New Orleans mansion was owned by Nicolas Cage

In addition to all the local lore, the LaLaurie Mansion features eight bedrooms and 10 bathrooms. 

Pending home sales regain upward momentum in June 

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

Daniel Manginelli to lead in-house coaching for Rate

Rate, formerly known as Guaranteed Rate, has appointed Daniel Manginelli to lead its nationwide sales coaching program: Success Coaching Solutions.

A $2.6 million treehouse in Washington state

Camp out under the stars in style in this two-bedroom, two-bathroom luxury treehouse on Orcas Island in northern Washington.

Major mixed-use development coming to United Center parking lots

A privately financed, $7 billion megadevelopment will rise around the United Center over the next 10 years.

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

Rounds of rate cuts may come sooner than you think, Lawrence Yun predicts

NAR Chief Economist Lawrence Yun expects a pre-election interest rate cut this fall — the first of six to eight rounds.

Suburban single-family home sales drop 20% year over year

Median sale price increases 10% to $425,000.

Illinois sales are increasing as inventory rises — but not in the city

Statewide home sales increased slightly during May, according to data from Illinois REALTORS®, but the increase in inventory was much starker.

White Sox likely to change ballpark name to Rate Field in 2025

The South Side ballpark has been called Guaranteed Rate Field since November 2016 as part of a 13-year naming rights deal.

Husband-and-wife architect duo list their Ukrainian Village creation

This geometric home in Ukrainian Village is hitting the market. Joanne Nemerovski of COMPASS serves as listing agent.

River North apartment, The Hensley, is going (luxury) condo

The Hensley, a 43-unit apartment at 707 N. Wells St., is going condo and rebranding as a luxury residence: Château on Wells.

Guaranteed Rate rebrands itself as Rate

The new name conveys a “concise, modern identity,” the company said. 

MRED joins NAR lawsuit settlement

MRED said it will not change historical data that reference buyer’s agents’ compensation.

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