WASHINGTON (AP) - Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.
DEAR BENNY: We own a small single-family home (800 square feet) located on the property adjacent to our primary home. We purchased it using a Starker exchange about 15 years ago. We stopped renting it out eight years ago, when the mortgage was paid off. We now use it as an extension of our primary home, with the living room as a game room, garage and basement as storage, one bedroom as an office, and the other as a guest bedroom.
When school lets out for summer, exchange those flip flops for gardening shoes. Add a pair of gloves, good sun-block and get out into the garden.
It goes without saying that the kitchen is one of the hardest-working rooms in the home. For most, it's the heart of family life and usually the one room where everyone gathers together. With so much hustle and bustle, it's no wonder that the kitchen runs the risk of looking overworked.
It's moving season. In a buyer-friendly market, home shoppers can be pretty particular in their search for a dream home. Increasingly, buyers are seeking flawless, move-in ready homes, and while traditional home inspections are a must-have, something equally important lurking beneath homes often goes overlooked.
LOS ANGELES (AP) - Lenders initiated foreclosure proceedings against more U.S. homeowners in May, setting the stage for increases in home repossessions and short sales - scenarios that could further weigh down home values in coming months.
Think American Dream and images of owning a single-family home pop up.
As summer heats up, air conditioning bills can rapidly rise. As homeowners feel the heat, many are looking for ways to save and stay cool.
With spring arriving earlier this season, gardeners across the country are inspired to plant now. Daydreams of fresh produce used in delicious sauces, salads and stir fries have many drawing garden plot plans and even starting seeds for future transplanting. Tabletop gardens are a fun and decorative way to expand into new planting opportunities.
Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a recent American Society of Home Inspectors (ASHI) survey.
Bigger isn't always better in the real estate world, and what's more, it's not always possible. With more baby boomers downsizing from McMansions to smaller, more manageable houses, and a growing number of people opting to rent rather than buy, many families are looking for new ways to decorate, design and work with smaller spaces.
WASHINGTON (AP) - Timothy Mayopoulos, the general counsel of Fannie Mae, will be the next CEO of the government-controlled mortgage giant.
WASHINGTON (AP) - Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.
DEAR BENNY: I am 58 years old and married. My total household income is less than $50,000. I have no mortgage; however, I do have a line of credit with $130,000 owed.
Nowhere else in the home must design and function marry as harmoniously as in the kitchen. The most-used room in the house is also the one where we spend the most work and leisure time, the one that gets the most scrutiny from potential buyers and the spot where most renovation dollars get spent.
WASHINGTON (AP) - U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic.
LOS GATOS - As millennials enter the home-buying market in larger numbers, builders say homes will get a little smaller, energy-efficient appliances and laundry rooms will be essential, and home technology will become increasingly prevalent. These predictions are based on two surveys conducted by the National Association of Home Builders, one asking home builders what features they are most likely to include in a typical new home this year, and one asking millennials what features are most likely to affect their home-buying decisions. Of the top 10 features mentioned by home builders, four have to do with energy efficiency: low-E windows ...
While you're making resolutions and setting goals, consider adding updating the look of your home to your list. If your walls are looking a little dated, follow these five color suggestions to give your space a renewed look.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week yet remained near historically low levels.
HONOLULU (AP) - Shipping containers: They're strong, durable and portable, stack easily and link together like Legos.
You've been dreaming about digging in your garden, changing your landscaping or improving your house all winter long. Finally the weather is nice, your yard is clear and dry, and it's time for you to get your hands dirty. With the right tools and equipment, you can get all your DIY tasks done while saving time, money and elbow grease.
Want to get the best out of your lawn this year? Implement these simple hacks to keep your lawn green and growing, your equipment up and running, and your yard looking great:
Did you know that the smallest room in your home can be the most dangerous?
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
LINCOLN, Neb. (AP) - A judge has dismissed a California real estate broker's lawsuit over a Nebraska law requiring licensing to market Nebraska homes online.
With Phase I 90% sold out, Van Daele Homes has released Phase II at their Waterpointe community at River Island in Lathrop.
Low- and no-maintenance features top the list when making over outdoor living spaces because less time maintaining means more time enjoying.
Bathroom remodels are one of the most popular home improvement projects and they provide impressive return on investment. While plenty of focus goes into selecting the perfect tile or ideal shower surround, there's one critical area that too often is overlooked: the lighting.
The heat is definitely on this winter. With winter storms hitting many parts of the country early in the season, furnaces are plugging away, causing rising heating bills. Space heating is the largest energy expense in the average U.S. home, accounting for 45 percent of energy bills, according to the U.S. Department of Energy. Consumers are looking to keep their homes cozy as the temperature continues to drop, while also having manageable utility bills.
Fred Sheil fights crime.