MarketWatch announced today that 30-year mortgage rates were down slightlythis week, falling from 5.8% to 5.78%. This marked the fourth week in arow with declining rates. Mortgage rates are also lower than they werethis time last year, when they were 6.01%.
Frank Nothaft, the chief economist at Freddie Mac, said that the lowermortgage rates reflected disappointment […]
Archive for April, 2005
Chicago bungalows make up some one third of homes in the city. They areespecially popular right now because of Mayor Daley’s Bungalow initiative,which offers buyers special mortgages and tax credits for rehabilitation.Additional resources, such as workshops on wood restoration andlandscaping are also part of the initiative. Bungalows must be certifiedas faithful to the original character […]
As covered in the Chicago Tribune this week, a brand new office towerbeing constructed at 111 S. Wacker Drive in chicago’s downtown districthas been placed up for sale for and incredible $375 per square foot. Ifthe publicized price is met, it would be the largest sum paid since 1990,while the real estate market was most […]