Monthly Archives: August 2014
Illinois median home prices increase 7.2 percent in July; Home sales down, but...
Illinois home prices rose again in July, marking nearly two years of annual gains. Home sales dipped as tight credit standards and lower, but improving inventory levels continue to affect the market, according to the Illinois Association of REALTORS®
Hultgren Supports Legislation to Protect Community Banks
U.S. Representative Randy Hultgren (IL-14) this week voted to support two bills which will relieve community banks from excessive regulations and protect their ability to lend to Illinois homeowners. H.R. 4042, the Community Bank Mortgage Service Asset Capital Requirements Study Act of 2014, and H.R. 5148, the Access to Affordable Mortgages Act of 2014, both passed the House Financial Services Committee (FSC), of which Rep. Hultgren is a member.
