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Mortgage rates close to 7 percent ahead of holidays
Chicago’s housing market is seeing mixed trends as mortgage rates rise, hitting an average of 6.84 percent on November 21. Despite elevated borrowing costs, home sales have shown an unexpected increase in recent months.
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Aldermen welcome closing of Streeterville migrant shelter
Mayor Johnson announced the closure of the downtown migrant shelter at 162 East Ohio Street, effective November 15, as part of a broader initiative to consolidate services under a unified system for all homeless Chicagoans in 2025.
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New entrance planned for Clark/Lake CTA station
The CTA has unveiled plans for a new entrance to the busy Clark/Lake station in the Loop, funded by Google’s JRTC Holdings. Expected to be completed by November 2025, the renovation aims to improve traffic flow and passenger experience.
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