The Chicago area’s housing market saw the ever-so-small beginnings of a turnaround last year, as excess inventory started to be absorbed and price declines moderated and even showed improvement in some areas. However, there are a number of obstacles to a recovery that need to be watched in 2013, Chicago Tribune reports.
Most Popular Articles
United Wholesale Mortgage announced Friday that it is rolling out a new loan program that offers borrowers an interest rate as low as 1.875% for both purchase mortgages and refinances.
Ellie Mae announced Thursday it entered a definitive agreement to be acquired by Intercontinental Exchange for approximately $11 billion. The move comes 15 months after Thoma Bravo, a private equity investment firm, announced it would acquire Ellie Mae in an all-cash transaction of $3.7 billion.