Keeping things in historical perspective can be tough when mortgage rates have roughly doubled in the last year. Mike Del Preto, a senior mortgage advisor at Fairway Independent Mortgage Corporation, helps provide a closer look at the numbers.

Nearly 55 years after the Fair Housing Act was signed into law, Black homeownership still lags behind white homeownership.

The Confidence Index Survey by the National Association of REALTORS® uses numbers to reflect the real estate vibe on the street.

This massive Las Vegas home is all about luxury: six bedrooms, nine bathrooms, expansive views … and a secret portal to Italy.

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

Many feel they could have made a higher profit if they’d made better decisions. But are those regrets valid?

As home prices have surged in many places over the last five years, Illinois lagged the national average.

The Move Smarter Team at Berkshire Hathaway HomeServices Chicago has opened a new office in west suburban Geneva. 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

Realtors in Northern Illinois are still bullish about the market, according to a new report from the Mainstreet Organization of REALTORS® — even though January 2023 showed decreased home sales year over year.

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

Two Illinois areas ranked high on SmartAsset’s list of the safest cities in America: Naperville and Aurora.