WASHINGTON (AP) - Fannie Mae earned $2.2 billion from April through June, its second quarterly gain in net income since being taken over by the government during the 2008 financial crisis.
NEW YORK (AP) - The first sign that something strange is happening on Ludlow Street is the fence, which is long and green and decidedly out of place amid a cluster of city buildings. Peer through its holes and things get even more confusing: Is that a backyard? In the middle of Manhattan?
Water and the summer months tend to go hand-in-hand - water skiing or fishing at a lake, taking a dip in a swimming pool and watering home-grown plants with a garden hose are among the season's most popular activities. Recent summers have also been some of the driest on record, prompting grass fires, drastically low lake levels and water utilities having to implement water restrictions on their customers.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose for the second straight week, staying slightly above historic lows.
LOS ANGELES (AP) - U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report.
Get ready for property tax increases starting in 2013.
HONOLULU (AP) - David Murdock has sold his Hawaiian island, but he's keeping his seven-bedroom Lanai home, a woodworking shop containing koa furniture, two carved elephant tusks in a resort lobby, and 1,000 rare orchid plants.
WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage rose this week after falling to new record lows in each of the past four weeks.
WASHINGTON (AP) - A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration.
Home and style magazines, social media and interior designers on TV are inspiring more homeowners to transform their spaces into places they love. Projects range from renewing your bathtub to refreshing your backyard deck, and can be completed in just one weekend.
Long gone are the days when TVs were a "one size fits all" proposition, when all you really wanted was the right size box for your living room: a picture tube TV with an unassuming appearance, only matched by its archaic remote controller. Today, the game has changed, and the choices of flat-panel HDTVs are almost as diverse as the viewing audience.
One of the hottest new home floor plans in Manteca today isn't the McMansion.
One of the hottest summers in US history has sent everyone scurrying into their pools to cool off, and the biggest new trend in swimming pools is salt water. First developed in Australia, saltwater pools offer several advantages over conventional chlorine and have become incredibly popular in the last decade.
"Go big or go home." It's a popular sports chant that's found its way into numerous other aspects of American life. But when it comes to home decor, going big at home may not seem like an option, especially if your budget is less than grand.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years.
How much do you spend on utilities? Are you looking for ways to save? A typical American household spends about $2,100 on energy bills each year, according to the U.S. Environmental Protection Agency (EPA). Most of that expense comes from a home's energy use during the winter heating season. But a quick home checkup can help you can reduce these costs, prepare for winter and enjoy energy savings.
WASHINGTON (AP) - Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.
Halloween has its fair share of iconic symbols: ghosts, witches, mummies and pumpkins, just to name a few. But if your home decor is becoming just as iconic, it may be time to change it up and take your decorating in a new direction.
SAN DIEGO (AP) - California home sales rose for the first time in a year in September, a research firm said Tuesday, as cooling prices and a strong economy encouraged buyers.
Homeowners have spent more on kitchen remodeling than any other home improvement category in the last 10 years, according to Harvard's Joint Center for Housing Studies - and there's good reason. An updated kitchen does more than boost the value of your home; whether you make just a few changes or completely renovate the entire space, a kitchen that feels new is always refreshing. From basic cooking to frequent entertaining, your dream kitchen should look good and function well.
WASHINGTON (AP) - Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.
Americans are renovating again, and instead of letting resale value alone drive their renovation choices, in 2014 homeowners are weighing many more factors. They are seeking renovations that are beautiful, luxurious and eco-friendly, and that both enhance resale value and their ability to age in place should they choose not to sell down the road.
If you are a first-time homebuyer defined as someone who hasn't owned a home in the last three years you could be eligible for $6,500 in interest free down payment assistance.
WASHINGTON (AP) - Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home.
In the U.S. alone, approximately 60 million people suffer from asthma and allergies, which according to the American Lung Association can be triggered by mold for those who are allergic. As a responsible homeowner, it's essential to be aware of the many threats, such as mold and fire, which may cause harm to your family and your investment.
Cooler temperatures are on the horizon and now is the ideal time to begin checking items off your seasonal to-do list. Complete simple projects before the harsh winter weather arrives so your home is ready to enjoy in the coming season.
WASHINGTON (AP) - U.S. home prices increased in August, yet the pace of these gains continues to slow, helping to improve affordability for would-be buyers.
Whether you're spending quality time with family or entertaining guests, few things compare to the cozy, warm and welcoming atmosphere created by a fire pit in the backyard. In fact, fire pits are among the most popular features for enhancing an outdoor living space, according to the 2014 Residential Landscape Architecture Trends Survey conducted by the American Society of Landscape Architects. Even better, with little experience and materials, you can build a fire pit in just a few hours.
The oil boom and skyrocketing housing prices west of the Altamont Pass are setting the stage for a 21st century Grapes of Wrath migration.
The tub tucked away in your home's master bathroom is so much more than a place to get clean. It's a calming refuge and therapeutic retreat after a busy, high-pressure day. Tub trends indicate that bathtubs are primarily used for soaking, while shower time is mainly for cleansing. The soaking tub has become the destination for relaxation amid today's fast-paced lifestyles.