Working Lunch newsletter
Illinois is one step closer to banning ‘junk fees’ and hidden charges on renters • Google’s new Midwest headquarters in the Central Loop could usher in a wave of new development
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Working Lunch

Thursday, June 11, 2026

Average long-term mortgage rate rises to 6.52%

The benchmark 30-year fixed rate mortgage rate rose to 6.52% from 6.48% last week, mortgage buyer Freddie Mac said Thursday. Despite the increase, the average rate remains below 6.84%, where it was a year ago.

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Illinois is one step closer to banning ‘junk fees’ and hidden charges on renters

As costs to rent apartments continue to climb, especially in Chicago, Illinois lawmakers passed legislation banning many hidden charges, such as move-in fees, from leases.

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Google’s new Midwest headquarters in the Central Loop could usher in a wave of new development

When Google opens its new Midwest headquarters at the James R. Thompson Center late next year, brokers and developers say it could kick off a wave of redevelopment.

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Dressed as bananas and dinosaurs, these costume-clad Chicagoans have gone viral for chasing CTA trains

As a lifelong public transit rider, Charlie Clerk is no stranger to the age-old dilemma his social media account satirizes: being late for the train.

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Loop 4-bedroom home with private elevator and two terraces: $11.5M

This four-bedroom, fully furnished penthouse has a private elevator, Armani/Casa wall coverings and east- and west-facing terraces.

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Elon Musk’s SpaceX is about to make its debut on Wall Street

Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece. Musk, already the world’s richest man, could become its first trillionaire.

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Several CTA train lines are experiencing weather-related delays

The CTA temporarily suspended Pink Line service between Polk and The Loop due to signal outages near the Ashland station.

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Mamdani renews call for banning Central Park horse carriages after horse dies in park

Mayor Mamdani reiterated his support for a ban on carriage horses in Central Park Wednesday, just hours after a horse collapsed and died in the park at W. 72nd St. and West Drive Tuesday evening — and as a bill on the controversial issue heads back to the City Council.

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