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.
The next best thing in Manteca housing is here: Oakwood Shores.
LOS ANGELES (AP) - Living in an apartment? Expect your rent to go up again.
It's a sobering truth of real estate that sellers often have to spend money to make money. Even if your home is relatively new, you still face costs associated with getting it ready to show, such as repainting interior rooms or hiring professional cleaners and stagers. If your home could use some TLC and updating, spending as little as $5,000 on key upgrades could improve its appeal for buyers - and ensure a speedier sale at a better price.
Every new year brings along new design trends, with homeowners often feeling the pressure to mix up their kitchen interiors to keep things current. But the truth is, when embarking on any renovation project, incorporating more timeless (and less trendy) assets will save both time and money in the long run. This ensures any kitchen styling stays current and "fits in" no matter which way the design pendulum swings.
Rising prices and a dearth of homes for sale in many markets have made it harder for many looking to buy their first home.
WASHINGTON (AP) - The House on Tuesday overwhelmingly adopted legislation to ease some mortgage lending requirements of the sweeping 2010 law reining in banks and Wall Street as the Republican majority continues its assault on the so-called Dodd-Frank law enacted after the financial crisis.
SAN DIEGO (AP) - California home prices reached fresh seven-year-highs in March, a research firm said Friday, helping sales rebound from a two-month slide as some homeowners put their property on the market to reap gains.
Oakwood Shores is not just among a handful of neighborhoods surrounding private lakes in the Northern San Joaquin Valley but it has another feature that few of those have - a gated community with 24-hour security patrols.
Life gets busy and clutter has a way of sneaking up on everyone. It may be all those shoes, the lack of space or the fact that you have absolutely no time - there are many reasons for the mess. But, whether you're a single person living in an apartment or have a large family in a sprawling house, everyone can benefit from more organization. By simply thinking about storage differently and coming up with a smart organizational system that works for you, you'll be on the way to creating a well-balanced, happier home.
Have you ever wished you had more space in your home? Maybe you'd use the space to pursue a hobby, host out-of-town guests or just spread out and get some quiet time to yourself. The space you desire could already be in your home in your basement. If your cellar is nothing but a series of unfinished areas used for storage, you're not getting all the benefits you could be from the space.
LOS GATOS (AP) - Members of the real estate industry are getting ready for a new regulation scheduled to take effect this summer that requires changes to the traditional mortgage loan acquisition process. The upcoming TILA-RESPA Integrated Disclosure rule takes effect Aug. 1 and, if not understood by all parties involved, could delay the closing of escrow. Issued by the Consumer Financial Protection Bureau, TRID combines the mortgage disclosure established by the Truth-in-Lending Act and the Real Estate Settlement Procedures Act into one single rule. However, according to a lender panel at a Silicon Valley Association of Realtors meeting, the move ...
BOWIE, Md. (AP) - In 2008, Bonnie Moore was going through a divorce. And as she was adjusting to a one-income lifestyle, the recession hit and her five-bedroom, three-bathroom home lost half its value.
Ripon has launched the HERO Property Assessed Clean Energy (PACE) Program, which enables homeowners and commercial property owners to make energy- and water-efficiency improvements and pay them off through their property tax bill.
REDWOOD CITY (AP) - Real estate agent Julie Ray has come of age in the red-hot housing market. But this was a first: zooming through a $1.7 million house with her iPhone, she used its FaceTime video application to send images of the property -- including bathroom tile and a backyard lemon tree - to the prospective buyers in Switzerland.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.
SUNNY ISLES BEACH, Florida (AP) - The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.