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.
The Bulls (29-42) led by as many as 22 points after scoring a season-high 41 points in the first quarter.
Hobart Fire Department said around noon that they responded to a mutual aid request for a report of a vehicle that was overturned on its roof in the river.
Service on the Metra Union Pacific-West line was halted during the Monday evening rush after a train hit a semi-trailer truck near west suburban Berkeley.
As the war with Iran continues, gas prices have surged, and it's been a rollercoaster on the stock market, but there are other price swings at play that might be less obvious.
A civil jury in California found 88-year-old Bill Cosby liable for drugging and sexually assaulting Donna Motsinger in 1972, and awarded her nearly $60 million.
The DOJ's Recognition and Accreditation program enables non-attorneys to assist immigrants with needs including naturalization petitions and immigration court appearances.
Rahm Emanuel is proposing a far-reaching measure to crack down on betting in predictive markets in Washington as part of an effort to call attention to what he sees as a culture of corruption gripping the nation's politics.
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
Illinois Secretary of State Alexi Giannoulias this weekend issued a warning about a surge in text messages that falsely claim to come from his office or the DMV within it.
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.
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."
Following a ribbon-cutting attended by Chicago Mayor Brandon Johnson on Saturday, people were let inside the new space, at 5035 N. Broadway right off Argyle Street, for a special open house.
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 company announced on Monday that drivers with a DoorDash debit card will earn 10% cash back on any gas purchase. Those who travel 125 miles or more will also receive a weekly fuel payment between $5 and $15.
The Lake Station Fire and Rescue team responded to the scene and continued the search effort. They said that the search remains ongoing.
Service on the Metra Union Pacific-West line was halted during the Monday evening rush after a train hit a semi-trailer truck near west suburban Berkeley.
Chief Meteorologist Albert Ramon is tracking the latest swing in temperatures and a severe storm risk near the end of the week.
As the war with Iran continues, gas prices have surged, and it's been a roller coaster on the stock market, but there are other price swings at play that might be less obvious.
The man charged in the murder of Sheridan Gorman missed his first court appearance because he was being treated for tuberculosis, prosecutors said.
U.S. Immigration and Customs Enforcement agents arrived at O'Hare International Airport Monday morning, CBS News Chicago confirmed.
Three people are dead in what appears to be a triple homicide in Crete Township, Illinois, the Will County Sheriff's Department said Monday morning.
A man was detained until trial Monday on charges in the death of a Chicago firefighter who died fighting a blaze in the city's Rogers Park neighborhood.
Hobart Fire Department said around noon that they responded to a mutual aid request for a report of a vehicle that was overturned on its roof in the river.
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.
The Bulls (29-42) led by as many as 22 points after scoring a season-high 41 points in the first quarter.
Tickets to a pair of Blackhawks games in Germany next season will go on sale on Friday.
Chicago's win was the team's first of the season after losing 4-0 to Angel City FC last weekend.
Bedard scored his team-leading 29th goal, and Nick Lardis connected as the Blackhawks lost their second straight.
Chanting in celebration, Illinois fans basked in a second-round victory in the tournament over Virginia Commonwealth University.
Burglars crashed into the renowned Golden Apple Grille and Breakfast House in Chicago's Lakeview neighborhood early Monday morning, while the 24-hour restaurant was open.
A man was detained until trial Monday on charges in the death of a Chicago firefighter who died fighting a blaze in the city's Rogers Park neighborhood.
The man charged in the murder of Loyola University Chicago student Sheridan Gorman last week missed his first court appearance on Monday, because he was being treated for tuberculosis, prosecutors said.
Police in London are investigating a suspected antisemitic hate crime after vehicles belonging to a Jewish ambulance service were set on fire early Monday morning.
Chicago police on Sunday continued to question a person of interest in the shooting that killed Loyola University student Sheridan Gorman in Rogers Park.
