Mortgage rates reach highest level in over 20 years

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

Barrington Hills castle hits the market

A new listing in Barrington Hills could make your royal dreams come true. 

Barrington Hills castle hits the market
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A new listing in Barrington Hills could make your royal dreams come true. The home is designed to look like a castle and has an interesting back story.

Affordable housing development 'Fifth City Commons' breaks ground on Chicago's West Side

To mark the start of a transformative project, Mayor Brandon Johnson visited East Garfield Park on Wednesday for the groundbreaking of "Fifth City Commons," a new affordable housing development.

Affordable housing development 'Fifth City Commons' breaks ground on Chicago's West Side
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To mark the start of a transformative project, Mayor Brandon Johnson visited East Garfield Park on Wednesday for the groundbreaking of "Fifth City Commons," a new affordable housing development.

Monthly mortgage payments reach record highs in US

The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.

Homeownership is the new hot wedding gift

Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.

'Smart Neighborhood' coming to Aurora

Nicor Gas and Fox Valley Habitat for Humanity have joined forces to create a "Smart Neighborhood" in the city of Aurora.

Ireland offering almost $92,000 in grants to move to island community, flip property

Ireland’s government hopes to revitalize the smaller islands that have been cut off from the mainland to give both residents and visitors a chance to experience all the unique culture and environmental richness the islands have to offer.

Chicago landmark damaged in Austin fire

The Austin neighborhood's oldest and most historic home went up in flames early Thursday morning, after fire broke out in the attic.

Waukegan woos Bears amid search for new home, offers lakefront location for stadium

With the Chicago Bears no longer solely focused on Arlington Heights as their new home, the mayor of Waukegan is asking the NFL franchise to take a look at her city.

Texas ghost town Lobo selling for $100,000

The current owner of the 10-acre town of Lobo, in West Texas, purchased the town in 2001 for $20,000 with a few friends.

Rod Stewart lists Beverly Hills mansion for $70 million

Sir Rod Stewart's English country estate in the heart of Beverly Hills is up for sale to the tune of $70 million.