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.

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

The REALTORS® Relief Foundation works to provide housing relief to victims of natural disasters. 

Rents continue to be an attractive option for potential homebuyers holding off until mortgage rates fall and for those not quite ready to buy.

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

Take me to (a converted) church Within the woods of Solon, Maine, is a beautiful wooden church — turned house.

Every day aboard the ocean-ready home named Coconut is different than the last. Unlike most floating homes, Coconut was specially designed to travel the waters of world.

The AI program ChatGPT creates home listings with desired industry lingo, dropping real estate buzzwords with apparent ease. Can you tell the difference?

Chicago real estate legend Marki Lemons Ryhal has been named the new host of the National Association of REALTORS®’ monthly podcast, “Drive with NAR.” The first episode debuts Feb. 6.

Homebuyers are returning, but sellers still aren’t filling the need as inventory remains low.