LUBBOCK, Texas (AP) - Texans watched disaster unfold slowly last year as a historic drought took a withering toll across the region.
JEFFERSON CITY, Mo. (AP) - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.
The economic recovery was once again reinforced last week with the majority of data continuing to point towards growth. Retail Sales rose a solid .7% showing that consumers are continuing to increase spending long after the holiday season has ended.
WASHINGTON (AP) - The housing market is flashing signs of health ahead of the spring-buying season.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the 12th straight week, keeping home-buying and refinancing attractive for those who can qualify.
DEAR BENNY: I am 74 and recently have been contemplating paying off my condo mortgage. The remainder of the mortgage is $98,000 at 6 percent. Can you help me through this? On the surface it seems like a good idea, but I'm not aware of all the particulars. I am in good health and will not need the $98,000 in the near future. --Dee Dee
WASHINGTON (AP) - The Federal Housing Administration could run out of money over the next year and require a $700 million cash infusion from the Treasury Department to stay afloat, according to the Obama administration's budget request sent Monday to Congress.
WASHINGTON (AP) - The number of Americans at risk of foreclosure is declining, as more homeowners climb out of debt and find steady work.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance.
WASHINGTON (AP) - U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins.
WASHINGTON (AP) - Construction of single-family homes cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come off the sidelines.
LOS ANGELES (AP) - Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims.
DEAR BENNY: My wife and I closed on a short-sale house in Florida back in 2010. We paid "in full" the homeowners and flood insurance even before we took title to the property. Once we became the owner of the property, confusion started when the insurance agent apparently (and incorrectly) advised the lender that we did not have the necessary insurance coverage.
The big headline announced this month is the $26 settlement reached between the nation's five largest banks and 49 state attorney generals. The settlement is to compensate and assist homeowners that have been either foreclosed on improperly, or homeowners that owe significantly more than the value of their home.
Rent vs. own? More Americans are wrestling with that question as the economy continues its slow recovery. Even though homes are selling at record lows, many Americans are choosing to rent instead, maintaining their mobility and financial flexibility until the economy, as well as their job prospects, improve.
If you know a senior homeowner who is running out of money, a reverse mortgage might generate enough cash to allow them to stay in their home for many more years. Last fall, the Federal Housing Administration created new rules, and opportunities, for lower-cost reverse mortgages. Now that most lenders have launched these new products, it's worth an updated look.
When the weather conditions are just right, a relaxing evening spent on the porch or patio is perfect for enjoying good company and the beauty of the outside world. Wouldn't it be nice to enjoy these comforts regardless of the season?
In the fashion and design world, alternative materials that emulate high-end looks are trendy not only for their lower price point and low maintenance qualities, but thanks to advancements in design and technology, are often hard to differentiate from the real thing.
Now is the season for enjoying backyard BBQs and poolside parties with friends and family – not being trapped in the house for pre- and post-party cleaning. With a little planning, you can minimize time spent on daily chores and maximize time spent soaking up the sun and creating memories with guests.
When thinking about your dream kitchen, what finish style of cabinets come to mind? Is it rich dark stained cherry wood? Maybe a clean, crisp white paint? Do you picture yourself having a rustic kitchen complemented by different techniques?
WASHINGTON (AP) - The number of Americans signing contracts to buy homes fell slightly in October as tight credit and lagging wages remained financial hurdles for would-be homebuyers.
The biggest price rebound for housing in the Manteca market is also still the most affordable - the Cherry Lane Condos along Union Road.
SAN DIEGO (AP) - California home sales continue to climb - with the October sales tally reaching the highest it has been for that month in two years, a research firm said Thursday.
WASHINGTON (AP) - Americans bought homes in October at the briskest pace this year, a sign that the sluggish housing market is turning around.
Ever since humans stopped dwelling in caves and started living in huts made of tree branches, wood has been an indispensible structural and decorative residential material. Man's house-building relationship with wood - historically, culturally and experientially - is deep, long and universal. In part that's because wood is abundant, economical, durable and flexible. But our enduring love affair with wood is also due to the fact that, like us, each piece of timber is unique - its color, texture and grain are as individual as a human personality, so we keep discovering new aspects of its beauty and versatility to delight ...
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.
Prioritizing a home-improvement wish list is never easy. Do you put design and aesthetics ahead of functionality? Or do you choose comfort and convenience over energy efficiency and cost savings?
WASHINGTON (AP) - Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector.
WASHINGTON (AP) - Average U.S. long-term mortgage rates continued to tick down this week, remaining close to yearlong lows.
WASHINGTON (AP) - The Federal Housing Finance Agency has yet to deliver on changes to a controversial type of homeowner's insurance even as its director told the Senate Banking Committee on Wednesday that it's making progress.