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Homeowners turn to cash-out refinancing to take advantage of big gains in home equity
Aug 13, 2025 10:52 am - Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter, according to data from home loan data tracker ICE Mortgage Technology.
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Schaumburg Township road commissioner wants refund for website he says wasn’t ‘delivered’ on timeAug 13, 2025 10:39 am - Schaumburg Township Highway Commissioner Timothy Buelow is seeking repayment of the $44,450 his predecessor Scott Kegarise paid to two firms for the creation and maintenance of an interactive website to show current road conditions that Buelow says was not “delivered” on time.
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St. Charles Council rejects 20-year contract with coal-reliant IMEA
Aug 13, 2025 7:41 am - After more than a year of discussion, St. Charles City Council members rejected a proposed contract with the city’s current energy provider.
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Inverness resident named Marklund board chairAug 12, 2025 5:46 pm - Jerry Finis, co-founder of Pathway Senior Living, has been named chair of the Marklund board of directors.
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‘Tremendous potential’: ULI Chicago to present ideas for Naperville’s 5th Avenue areaAug 12, 2025 5:29 pm - An Urban Land Institute panel is bringing fresh eyes to an underdeveloped area in Naperville near the 5th Avenue Metra station.
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Kane County Board rejects solar electricity site near ElginAug 12, 2025 5:09 pm - Residents of two neighborhoods near Elgin were relieved Tuesday when the Kane County board rejected a request to allow a solar farm near their homes.
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Palatine Township mental health board approves agreement to receive fundsAug 12, 2025 3:36 pm - The recently created Palatine Township Community Mental Health Board voted to pursue an intergovernmental agreement with Palatine Township to help bridge the board’s funding gap before it can collect its first taxes in 2026.
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Northwest Cook drivers among Illinois’ best, Naperville drivers some of the worst, study saysAug 12, 2025 3:34 pm - Northwestern suburban Cook County is home to some of the best drivers in Illinois, while Naperville has some of the worst, according to an analysis by insurance marketplace platform LendingTree.
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US July budget deficit up 20% year-over-year despite record Trump tariff income
Aug 12, 2025 2:25 pm - Despite the U.S. taking in record income from President Donald Trump's tariffs in July — with a 273% increase in customs revenues (or $21 billion) from this time last year — the U.S. budget deficit is still higher, according to Treasury Department data released Tuesday.
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Mundelein BBQ joint gets $1,500 village grant for lighting upgradesAug 12, 2025 1:39 pm - A barbecue restaurant on the edge of downtown Mundelein will receive a municipal grant to help pay for new interior light fixtures.