Cole Taylor Mortgage

The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month. A “pending home sale” is a home under contract to sell, but not yet......

Earlier today, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 — the third straigh......

After posting an all-time low in February, New Home Sales rebounded strongly last month. Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a......

The Federal Open Market Committee starts a two-day meeting today, the third of its 8 scheduled meetings this year. The FOMC is a special, 12-person committee within the Federal Reserve. It......

Mortgage markets improved slightly through last week’s holiday-shortened trading sessions. Better-than-expected housing data led mortgage rates higher Tuesday and Wednesday, but rates re......

Home resales rose 4 percent last month, according to the March Existing Home Sales report. A total of 5.1 million homes were sold on an annualized, seasonally-adjusted basis. The strong result......

According to the Census Bureau, seasonally-adjusted, single-family Housing Starts rebounded in March, increasing 8 percent over February’s 2-year low. We can’t put too much faith i......

Homebuilder confidence is falling — a good sign for buyers of newly-built homes. According to the National Association of Homebuilders, the Housing Market Index slipped one point to 16 ......

Mortgage markets improved last week, buoyed by two days of out-sized gains. Mortgage rates bounced off their 8-week highs on much weaker-than-expected inflation data, and debt concerns abroad.......

Foreclosure activity is much slower this year than last. According to foreclosure-tracking firm RealtyTrac, the number of national foreclosure filings plunged 35 percent in March 2011 as compa......