Mortgage rates rise as Iran war heightens U.S. inflation fears
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
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Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
The lot on the 3200 block of West Division Street has sat empty for seven years, but could become a six-story affordable housing building.
As of now, the proposed plan is to create a six-story affordable housing building for 44 families.
There is a new push to turn Loretto Academy, in Chicago's Woodlawn neighborhood, into homes.
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Community leaders at the Grand opening said that the Avenue Apartments was almost nine years in the making, and the doors are a beacon of stability and health for the Westside.
The building offers one and two bedroom apartments, with rent is set between $1,400 and $1,600 a month.
City attorneys have said that taking the lawsuits to trial would have cost the city far more — up to $500 million — to resolve the avalanche of wrongful conviction cases tied to former Sgt. Ronald Watts.
The agendas for the last few City Council meetings were 70 to 80 pages long, while the agenda for the meeting on Thursday is 114 pages. Lauren Victory reports.
The historic Lawson House, a former YMCA on Chicago's Near North Side, won a historic preservation award Tuesday for the $128 million restoration project that revitalized the building.
Chicago city officials cut the ribbon on a brand new mixed-used affordable housing development in Englewood Wednesday.
Illinois Gov. JB Pritzker cut the ribbon Wednesday at a party celebrating upgrades to apartments in the west Chicago suburb of Maywood that are putting smiles on the faces of the residents.
Illinois Gov. JB Pritzker cut the ribbon Wednesday at a party celebrating upgrades to apartments in the west Chicago suburb of Maywood that are putting smiles on the faces of the residents. Noel Brennan reports.
The City Council Zoning Committee advanced a proposal to legalize so-called "granny flats" citywide, allowing Chicago homeowners to build basement, attic, garage, and coach house apartments on their property without obtaining permission from their alderperson.
According to the Chicago Department of Housing, the building will have 45 units, including 10 studios, 15 one-bedrooms, 10 two-bedrooms, and 10 three-bedroom apartments.
Tim Swanson, founder of Inherent Homes, has found a way to keep costs down for both his company and families.
Tim Swanson, founder of Inherent Homes, has found a way to keep costs down for both his company and families. Lauren Victory reports.
On Friday, the ground was finally broken on the last phase of work.
The plan would set up a city-owned nonprofit developer to oversee a $135 million fund to provide loans to developers to build environmentally friendly affordable housing.
The plan would set up a city-owned nonprofit developer to oversee a $135 million fund to provide loans to developers to build environmentally friendly affordable housing.
These affordable homes will be near Ferdinand and Lockwood. The nonprofit says construction of the first three homes in Austin is expected to be completed by next year.
To make the LaSalle Street corridor feel more like a neighborhood, the city plans to build 1,400 mixed-income apartments in the coming years.
Scott is giving $15 million to the Community Investment Corporation, a nonprofit lender that helps buy, rehab, and preserve affordable rental housing.
Banking giant J.P. Morgan Chase is lending $10 million to help build affordable housing in some of Chicago's poorest neighborhoods. Governor JB Pritzker attended the announcement in South Austin.
An ATM was stolen from a liquor store in Lincoln Park early Friday morning.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Police in Barcelona said the death of Jimmy Gracey, a University of Alabama student from Illinois who went missing on vacation, was likely an accident.
More Democrats are openly running on faith, as progressive clergy and other religious candidates push back on the idea that Christianity belongs to the right.
Chicago firefighters lined the streets to honor fallen CFD firefighter Michael Altman as a procession took his body from the medical examiner's office to the funeral home. His funeral will be next week.
More Democrats are openly running on faith, as progressive clergy and other religious candidates push back on the idea that Christianity belongs to the right.
Mayor Brandon Johnson has fired Garien Gatewood, his first deputy mayor for public safety, a position Johnson created just days after taking office in 2023.
Two former FBI agents who helped investigate President Trump's efforts to overturn the 2020 presidential election results sued the federal government, alleging they were wrongfully terminated.
The Senate Homeland Security and Governmental Affairs Committee advanced Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security.
Fresh off his win in the Tuesday's primary election, Republican gubernatorial nominee Darren Bailey visited the Chicago suburbs on Wednesday, and said he'll be focusing on building support in the Chicago area during his rematch with Gov. JB Pritzker.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
It's become an annual March Madness tradition at CBS Chicago, pitting our city's best eateries in direct competition in a foodie bracket challenge. We did pizza, we've done Italian beef, we've done Chicago dogs. This year, we're taking flight with wings.
For Cook County residents hoping to lower their property tax bills, applications are open for exemptions.
Officials in the north Chicago suburb of Wilmette issued a warning Tuesday about scammers who are impersonating representatives of village departments.
The war with Iran is causing gas prices to surge, with motorists in Chicago and around the country guaranteed to feel the impact at the pump Monday morning.
A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to roll back its civil rights code last year.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Illinois Gov. JB Pritzker on Monday announced a $1.5 billion investment from biotherapeutics company CSL for a new plasma therapy manufacturing plant in Kanakee.
When a doctor was told there was no cure for his daughter's condition, he was motivated to transform not only her health, but the lives of thousands of others.
Ann & Robert H. Lurie Children's Hospital announced this week that it is planning to open a new pediatric hospital in the west Chicago suburb of Downers Grove.
Hundreds of workers were locked out of the BP refinery in Whiting, Indiana, on Thursday after contract negotiations failed to produce a deal ahead of a midnight deadline.
The artificial intelligence and cryptocurrency industries have suffered a setback as they try to reshape the midterm elections and establish themselves as power players in American politics.
Wednesday marked the last day to help celebrate Lou Malnati's pizzeria's 55th birthday with a special deal.
Despite a rash of restaurant closures, veterans of the plant-based food business pushed back against prophecies of doom — and in one case argued that such closures notwithstanding, plant-based eating is only growing.
Two popular Chicago craft breweries – Half Acre Beer Co. and Maplewood Brewery & Distillery – announced on Tuesday they are merging to create a new "premier Chicago beverage company."
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Acclaimed Chicago bar and music venue The Hideout has been sold to a performer and former employee, but the owners said it will carry on as the same beloved place that visitors have always known.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
The late Sister Jean has been honored with T-shirts, socks, and bobbleheads — and now her spirit lives on with a new documentary.
A Chicago teen has been distributing “blessing bags” to people experiencing homelessness since he was just 8 years old.
Check out the New Sound Cafe in Chicago's Austin neighborhood.
Police in Barcelona said the death of Jimmy Gracey, a University of Alabama student from Illinois who went missing on vacation, was likely an accident.
Chicago firefighters and community members lined the streets to honor Altman as a procession continued to Blake-Lamb Funeral Home in Oak Lawn. An honor arch was seen outside the funeral home.
David Mirkovic had 29 points and 17 rebounds, and No. 3 seed Illinois dominated No. 14 seed Penn 105-70 on Thursday night in the first round of the NCAA Tournament.
Chicago firefighters lined the streets as a procession continued to Blake-Lamb Funeral Home in Oak Lawn. An honor arch was seen outside the funeral home.
An 18-year-old Loyola University student was shot and killed while walking near the lakefront in Rogers Park overnight, school officials confirmed.
An ATM was stolen from a liquor store in Lincoln Park early Friday morning.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
A 19-year-old man was shot and critically injured in a shooting in Chicago's Englewood neighborhood.
United Steel Workers union representatives said that some workers had already had their access cards deactivated.
Have you ever walked into a business with no employees? You may soon; autonomous businesses are becoming more popular.
Streets were left pooled with rainwater, and homes flooded after Sunday night's storms. Residents say there is one clear solution
Attorneys for the family of a woman killed in a crash during a high-speed police chase in 2017 say officers involved failed to activate their body cameras or turned them off during the pursuit.
A new specialized unit is being created to prosecute domestic violence homicides in Cook County, as these killings surged 15% last year, even as overall violent crime declined across Chicago.
David Mirkovic had 29 points and 17 rebounds, and No. 3 seed Illinois dominated No. 14 seed Penn 105-70 on Thursday night in the first round of the NCAA Tournament.
Connor Bedard scored a goal and defenseman Alex Vlasic made a game-saving stop as time ran out as the Chicago Blackhawks beat the Minnesota Wild 2-1 to snap the NHL's longest active point streak for one team against another.
James Harden scored 36, Evan Mobley added 26 points and 14 rebounds and Cleveland hung on to beat the Chicago Bulls 115-110 even though Cavaliers star Donovan Mitchell missed the game because of a bruised left eye.
The sluggish Bulls shot 38.5% in the first half and committed 11 turnovers, leading to 20 points for the Raptors.
It's the Illini's sixth tournament appearance under head coach Brad Underwood, but for the first time in program history, the Illini are led by a freshman all-American.
A man was charged Thursday after a long police chase that alternated between high and low speeds on interstates through Chicago's north suburbs the day before.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
A man from Chicago's northwest suburbs stood charged Tuesday with leaving the scene of a crash and driving drunk, after authorities said he hit a pedestrian overnight near Barrington, Illinois.
A man stood charged Tuesday in two separate shootings that wounded a Chicago police sergeant and a 63-year-old woman in the Pullman and Roseland neighborhoods this past weekend.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
