Thursday Quick Takes: Kankakee makes list of markets with rising home values

In the top 5 for rising home values: Kankakee-Bradley market
The Kankakee-Bradley housing market made Bankrate.com’s list of top U.S. markets with rising home values.

Residential fire sprinklers should be choice not mandate
A Northwest Herald editorial echoed what Illinois REALTORS® have been saying—and fighting against in communities throughout the state—residential fire sprinklers should be a consumer choice not a mandate.

Mortgage rates remain at all-time low
The 30-year, fixed-rate mortgage again averaged 3.87 percent for the week of Feb. 16, marking the third week rates remained at an all-time record low, Freddie Mac reported Thursday.

Extension for foreclosure review
Federal bank regulators are extending the deadline for borrowers to have their foreclosure cases reviewed for possible errors. The original April 30 deadline has been extended to July 31, USA Today reports.

Foreclosure aid in McLean County
McLean County is creating a foreclosure mediation program to help troubled homeowners.

 

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