WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell this week after last week's surge. The declines could prompt homebuyers to act quickly before rates rise further.
WASHINGTON (AP) - U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.
Q: My husband and I purchased a home in October of 2010 using an FHA mortgage through Bank of America. We had a 30-year fixed rate mortgage with a PMI requiring "up-front" money of $4,635.61 and a monthly premium. Luckily we were able to sell our previous home which was mortgage free and, together with savings, paid off this mortgage in February 2013 - about 28 months into the 30-year commitment. Looking at the FHA/HUD website it states that a refund of some of the premium money is available if the following three criteria are met:
WASHINGTON (AP) - Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall construction spending higher despite a big drop in nonresidential activity.
WASHINGTON (AP) - The U.S. government said Monday that it has received $66.3 billion in dividend payments from Fannie Mae and Freddie Mac after both reported stronger earnings at the start of the year.
Sabal Financial Group, a diversified financial services firm specializing in real estate, lending and banking, has closed a construction loan in the amount of $9.4 million for Manteca's gated Oakwood Shores community.
If the gains of the past 12 months in housing prices throughout the 209 region occurred prior to 2006, there would be dancing in the streets.
WASHINGTON (AP) - U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes have lifted prices in most cities across the country, a sign of a broad-based housing recovery.
WASHINGTON (AP) - U.S. mortgage rates have suddenly jumped from near-record lows and are adding thousands of dollars to the cost of buying a home.
WASHINGTON (AP) - The number of people who signed contracts to buy U.S. homes jumped in May to the highest level in more than six years, a sign home sales will probably rise in the months ahead.
Q: I am a real estate lawyer in practice for over 36 years and in the last three months encountered a new situation for which I find troubling. Both closings I conducted were lot purchases as part of a construction/perm loan. In both cases the realtors were to split a 10% commission. The lenders were not the same. The lenders, citing a fed regulation said the commission could not exceed 8%. How can a lender dictate the commission agreed to by the seller and realtors neither of whom have any relationship with the lenders? Hal.
WASHINGTON (AP) - Sales of new homes rose in May to the fastest pace in five years, a solid gain that added to signs of a steadily improving housing market.
Boys: And I start with just 'boys' to see if you both are men enough to put my letter in print. Here goes my question for you... I have seen over the last few years different real estate signs in front of homes that say "COMING SOON" and very often never see a real "FOR SALE" sign go up. Honestly, I very seldom, if ever, thought much about the coming soon until my husband and I recently began searching for a home to buy. We saw a coming soon sign in a neighborhood in which we have always wanted to ...
The American family continues to evolve, with multiple generations living under the same roof in more households than any time since the Great Depression. Of America's 76 million households, 5.6 percent (4.3 million) were multi-generational as of 2011, according to the U.S. Census Bureau. Homeowners are finding it's more important than ever to ensure every home improvement project delivers benefits for every member of the family - children, parents and grandparents.
When warm weather arrives, does your family head outdoors to enjoy your patio or deck? Do they then turn around and head right back into the air-conditioned comfort when summer sun and temperatures make outdoor living spaces too hot to handle?
WASHINGTON (AP) - Average long-term U.S. mortgage rates were mixed this week, marking slight increases or declines but remaining close to high levels for the year.
Renovating a house can be a tough job. With so many details to consider, just knowing where to begin can be a challenge. But one consideration homeowners shouldn't skip is safety.
By DENNIS WYATT
Here's an interesting tidbit: Fifty percent of the home buyers at River Islands at Lathrop are coming from Mountain House and Tracy,
Hardwood flooring brings enduring beauty, charm and value to a home. Not content to keep a good thing underfoot, inspired homeowners are now finding new and creative locations to use it for a dramatic effect.
One of the largest contributors to a home's energy efficiency is its windows. Energy-efficient windows can lower your energy costs and increase your home's comfort while reducing your carbon footprint and increasing your home's value.
IRVINE (AP) - California home sales continued their year-over-year rise last month as the state recovers from its housing slump. The median price of homes hit $401,000 statewide and $650,000 in the San Francisco Bay Area, a real estate research firm reported Thursday.
When remodeling your kitchen, it can be tricky to know where to start. Certified Kitchen Designer MaryJo Camp has been there, in more ways than one. As a designer certified by the National Kitchen and Bath Association (NKBA), Camp has designed thousands of kitchens in her 35-year career – including her own. With a newfound personal understanding of remodeling challenges, Camp has pulled together her top tips for a successful kitchen revamp.
WASHINGTON (AP) - Average long-term U.S. mortgage rates eased this week after hitting their highest levels this year in the previous week.
WASHINGTON, D.C. (AP) - U.S. homebuilders are feeling more confident about their sales prospects than they have since last fall, while their outlook for sales over the next six months is at the highest level in 10 years.
LOS ANGELES (AP) - Shares of KB Home jumped Friday after the custom home builder reported better-than-expected results for the second-quarter, delivered more homes for a higher average selling price and said its backlog of orders spiked.
When it comes to health and wellness, the design of your home may prove to be just as important as your diet, sleep habits or exercise routine. This is the premise behind biophilic design - the idea that incorporating natural elements into your home, such as wood or plants, can actually improve overall health.
WASHINGTON (AP) - Federal regulators have slapped restrictions on the mortgage businesses of six banks, saying they haven't fully complied with requirements imposed on them to resolve allegations that they abused the foreclosure process after the collapse of the housing market.
Just because you don't own your home or have a permanent abode, does not mean you can't be neat and organized in the place you currently hang your hat.
LAS VEGAS (AP) - Across Southern Nevada, homes listed online usually have a slideshow of photos - some good-quality, some not - showing the yards, bedrooms, kitchen, garage and other areas of the house.