WASHINGTON (AP) - President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis.
WASHINGTON (AP) - The Obama administration is offering some relief to homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled Tuesday, the government would cut the fees it charges to insure those borrowers.
The European Debt crisis has been noticeably absent from the news this week. No the crisis is not solved…however it does seem like the imminent reports of a Greek debt default have gone away. The stock market investors don't know what to do with themselves. The market continues to trade within a very narrow range. Gas prices are hurting at the pump but not enough to really have consumers changing their spending habits.
DEAR BENNY: In a recent column you mentioned a renter who has a lease with an option to purchase the property and who makes his rent payments as agreed, but the property owner has not been paying the mortgage and is heading towards foreclosure.
If the warmer temperatures, bright sunshine and greening of spring give you the urge to clean, you're not alone. If you want to make spring cleaning easier, especially outdoor spring cleaning, a little planning will save lots of elbow grease.
Buyers apparently sense a change in the wind.
WASHINGTON (AP) - Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.
SACRAMENTO (AP) - State Attorney General Kamala Harris promoted legislation Wednesday to reform the mortgage process in California and provide more protections for homeowners, three weeks after she secured $18 billion for California in a nationwide bank settlement.
Spring's new growth and warm sunshine provide inspiration for renewal in our lives. It's a time to pack away the sweaters and boots for lighter layers and brimmed hats. Homeowners should embrace this same mindset - one where you pack away the heavy textures and colors of winter in favor of breezy fabrics and fun decor that inspire a fresh feeling in your house.
WASHINGTON (AP) - The average rate on the 30-year mortgage edged down this week to hover again above record lows. Cheaper rates have spurred modest improvements in the battered housing market, but not enough to signal a recovery.
WASHINGTON (AP) - The number of Americans who signed contracts to buy homes rose in January to the highest level in nearly two years, supporting the view that the housing market is gradually coming back.
LOS ANGELES (AP) - Bank-owned homes and short sales last year accounted for the smallest slice of overall sales in three years but still made up nearly a quarter of all U.S. homes sold in 2011.
DEAR BENNY: My husband and I each have a trust, and our house is in my trust. We have lived in this house for 14 years. If we were to sell it, would we qualify for the $500,000 tax exemption? I understand each person is permitted $250,000, and a couple twice that amount. Does my trust make a difference, and if so, what should we do? --Arlene
If your home will be on the market this spring, you're probably looking for every possible edge that will make it stand out to potential buyers. But even if you're staying put, you still want to make your home as attractive and valuable as your budget will allow.
The free monthly workshop program offered by the San Joaquin Master Gardeners at the Manteca Public Library is making a comeback following its initial successful run last year.
NEW YORK (AP) - MetLife's home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn't meet federal requirements.
So, you've decided to make some updates to your home? Whether you plan on building a home from the ground up, purchasing new construction or adding value to your current residence, there are many opportunities for upgrades.
Inspired by neighbors, home improvement shows and social media channels like Pinterest and Houzz, today's homeowners are entering the deck planning and building process more informed than ever before. But sorting through this wealth of information and inspiration can make it hard to decipher what's really hot for today's outdoor spaces – and to choose what's right for your home.
Want to infuse your home with architectural interest? Start at the top.
WASHINGTON (AP) - The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.
WASHINGTON (AP) - Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
To satisfy homeowners seeking to add a signature style to their indoor living spaces, more and more design professionals and builders are going back to basics and rediscovering the versatility, durability and good looks of cypress.
WASHINGTON (AP) - U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.
For the first time in six years, Energy Star certification, a standard seal of approval for energy efficiency, has been expanded to include another major household appliance.
Some 37 million residential water heaters gave up the ghost and were replaced over the past five years, according to estimates by the U.S. Department of Energy. While some things get better with age, water heaters aren't among them. In fact, the average life expectancy for a new water heater is 10 to 15 years, with the occasional stoic dinosaur making it two decades or more.
The kitchen is the heart of the home and a top-selling feature with homebuyers. Does yours convey style and functionality? Whether you've just completed a remodel or you're looking for ways to upgrade your existing kitchen, a tile backsplash will instantly transform the space into an eye-catching masterpiece.
A remodeling project is one of the most invigorating lifestyle changes a homeowner can make. However, trusting a contractor with both your home and your money can feel overwhelming. Spare your time, money and sanity by following these steps for choosing the best remodeling contractor:
Every year the Central Valley Association of Realtors recognizes members who have gone above and beyond in the real estate profession and community service. This year CVAR named two recipients as Realtor of the Year - Shelly Bell and Larry Rumbeck - and as Affiliate of the Year, the honor goes to Taylor Phillips.
WASHINGTON (AP) - Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.