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Home loan rates on downward slide for weeks
Home loan interest rates have dipped for five straight weeks, with the average 30-year fixed mortgage now at 6.67 percent. This decline gives Chicago-area homebuyers a chance to secure more affordable mortgages this summer.
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Chicago’s May resale home market was a chess game
The Chicago North Side home resale market has transformed into a tense battleground, with buyers scrambling to secure properties as inventory hits historic lows, causing unit sales to fall by over 10 percent.
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