DEAR BENNY: Four years ago I bought the cheapest condo in town, intending to buy a house soon. However, I learned that our complex doesn't qualify for mortgages that Fannie Mae would repurchase because landlords own more than half of the units in the complex.
Cutting back on vacations and entertainment is a wise move to help ride out a recovering economy, but don't be tempted to forego car and homeowners insurance to make ends meet.
WASHINGTON (AP) - The government's consumer-finance watchdog is weighing an overhaul of the fees consumers pay to obtain mortgages.
WASHINGTON (AP) - U.S. mortgage giant Fannie Mae reported its first net income gain since it was taken over by the government during the 2008 financial crisis.
Some interior design trends are hard to understand. That jagged piece of cement that is supposedly a chair or headache-inducing paint color may look great in the glossy pages of a design magazine, but would average people really want it in their own living room?
LOS ANGELES (AP) - The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level since 2009, according to a new report.
There has been a lot of trepidation this week awaiting the latest jobless report. On Friday morning the government announced that the national unemployment rate dropped to 8.1%. However before you begin to believe that the employment sector is improving, you need to understand the real numbers.
DEAR BENNY: I plan to pay off my home mortgage. After I do so, do I need to do anything on the deed? I received a deed under my name from the county office when I bought the house three years ago. Is this deed good enough for my ownership of the house? Are there any other things I should take care of after paying off the mortgage? --Xia
Looking for a trendy home and garden makeover that gives instant gratification and doesn't require a lot of time and resources? The latest trends in fashion and home decorating are drawing inspiration from the bright colors and laid-back attitudes of the tropics.
There is a growing consensus among economists - and experts with firms that track housing such as CoreLogic and RealtyTrac - that the housing slide has ended.
WASHINGTON (AP) - The American dream of homeownership is at its lowest point in 15 years, the latest evidence of a housing market still far from recovering five years after the housing crash.
SACRAMENTO (AP) - The state Senate has approved a bill that would penalize home buyers, investors and developers if they fail to clean up dilapidated homes quickly.
CARLTON, Ore. (AP) - After getting trampled in the Great Recession, Oregon farmers who produce nursery crops and grass seed finally are seeing better days.
WASHINGTON (AP) - Government-controlled mortgage giant Freddie Mac is requesting $19 million in additional federal aid after posting a loss for the first quarter of this year.
Six of some of the best private gardens in the area will be showcased in the 2012 Manteca Garden Tour sponsored by the Manteca Garden Club.
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.