Cole Taylor Mortgage

Earlier this week, Standard & Poors released its February Case-Shiller Index, a home price tracker for select metropolitan areas.  Overwhelmingly, home values fell in the 20 markets ......

The Federal Reserve adjourns from a scheduled, 2-day meeting today.  It’s one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will releas......

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its current target range of 0.000-0.250 percent. In its press release, the FOMC noted that......

The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us. Take a look at the headlines from last Fri......

Mortgage markets worsened last week in see-saw trading. By the time Friday’s market closed, mortgage rates in IL were higher across the board — ARMs, fixed rates, FHA and conventio......

Existing Home Sales rose in March, as expected. U.S. home buyers closed on 7 percent more homes as compared to February. Furthermore, versus March 2009 — a month many people equate to th......

More than 60 percent of U.S. homes are “over-assessed”, says an industry trade group. Homeowners in Chicago pay more in property taxes than they otherwise should have to.  ......

The man, the legend…the drink?

Mortgage rates and home affordability have improved lately, thanks to an unlikely ally — Mother Nature. In the 7 days since Iceland’s Eyjafjallajökull erupted, ash clouds have......

After a strong March showing and a surprise upward-revision for February, Housing Starts are, once again, trending better. It’s yet another signal that the housing market in Chicago and ......