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Archive By Section - HOME SCENE

Construction spending barely increased in March

WASHINGTON (AP) - U.S. builders barely increased their spending on construction projects in March after two straight months of declines. A pickup in single-family home construction and commercial projects offset a steep drop in state and local government building.

May 03, 2012 | | HOME SCENE

Rate on 30-year mortgage hits record low of 3.84 percent, 15 years at 3.11%

WASHINGTON (AP) - Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week, offering more incentive for Americans to buy or refinance homes.

May 03, 2012 | | HOME SCENE

Creating a mortgage for your relatives

Q: I want to lend my daughter and son-in-law money by making a $200,000 mortgage loan to them. How do I do this to make it legal, so I can pay taxes on the income and they can get a tax deduction on the interest and I can earn more than I would on a bank CD?

May 03, 2012 | By TERRY SAVAGE Financial Advisor | HOME SCENE

Rent may be free, but taxes and maintenance are not

DEAR BENNY: My cousin and disabled elderly aunt are living in a house that my aunt sold about four years ago in which the agreement included lifetime living rights without the stipulation of rent payment or payment for taxes. Does the owner have the right to demand rental payments now? Is there a website that I might be able to check to find out more information for them? --Patti

May 03, 2012 | By BENNY L. KASS Inman News | HOME SCENE

Enjoying the view enjoy from your home

With temperatures on the rise, it's time to get outside to relax with family and friends. Today's homeowners want their outdoor spaces to be an extension of their homes, with 80 percent saying a patio or front porch are "must haves," according to a survey of residential architects by the National Association of Home Builders (NAHB).

May 03, 2012 | | HOME SCENE

Two-bedroom homes show signs of being on road to recovery

It was one of those conversations that tend to stick with you.

April 27, 2012 | Dennis Wyatt | HOME SCENE

US new-home sales off 7 percent in March

WASHINGTON (AP) - Sales of new homes fell in March by the largest amount in more than a year, indicating that the U.S. housing market remains under strain despite some modest signs of improvement.

April 26, 2012 | | HOME SCENE

Contracts for homes rose last month

WASHINGTON (AP) - An index that tracks the number of signed contracts to buy U.S. homes rose to its highest level in nearly two years last month, the latest sign the battered housing market is slowly improving.

April 26, 2012 | | HOME SCENE

Rate on 30-year mortgage dips to 3.88 percent

WASHINGTON (AP) - The average rate on the 30-year fixed mortgage has dipped to near its record low, keeping home-buying and refinancing affordable.

April 26, 2012 | | HOME SCENE

Up in smoke: Don't let a grilling mishap ruin your summer cookout

What starts out as a fun summer evening with a few friends can quickly become a reminder that not paying attention while grilling can be dangerous.

April 26, 2012 | | HOME SCENE

Foreclosures squeezing US home prices and sales

WASHINGTON (AP) - Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.

April 26, 2012 | | HOME SCENE

Disconcerting news may simply be result of warmer winter

Gee, it has been a while since we had a week like this on the economic front. With the exception of mortgage rates declining slightly, and the retail sales report coming in better than expected, the bulk of the economic data and market news this week has been pretty disconcerting.

April 26, 2012 | By DEBORAH ROMERO Special to the Bulletin | HOME SCENE

Adding child to title when reverse mortgage exists

DEAR BENNY: My mother has a reverse mortgage on her home, taken out after my father died when as the survivor her name alone was on the title. The usual terms of the reverse mortgage apply, including the acceleration clause upon death or removal from the home.

April 26, 2012 | By BENNY L. KASS Inman News | HOME SCENE

Five renovations to make a bigger splash with your pool

If you added a pool to your home in the past few years, or moved into a house with an existing pool, you may wonder what more you can do to enhance the value and enjoyment your pool brings to your home and family. You may even think there's not much you can do beyond keeping it clean and well maintained.

April 26, 2012 | | HOME SCENE

Surprised? One-bedroom Manteca apartments rent for up to $1,135 a month

A growing number of two-bedroom, one-bathroom apartments in the more popular complexes in Manteca that were renting for under $750 just a year ago have now topped $800 a month.

April 19, 2012 | Dennis Wyatt | HOME SCENE

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Articles by Section - HOME SCENE

EPA pushes for ‘smart themostats’ to limit pollution

CHICAGO (AP) - The head of the U.S. Environmental Protection Agency made an impassioned push Thursday for homeowners to adopt Wi-Fi-enabled "smart thermostats" as a ...

October 09, 2015 | | HOME SCENE

Average rate on 30-year mortgages falls to 3.76%

WASHINGTON (AP) - Average long-term U.S. mortgage rates fell sharply this week amid concern over a labor market that has shown recent signs of weakness.

October 09, 2015 | | HOME SCENE


Q: I have a mortgage balance of approx. $170,000, but the estimated market value of my home is $67,000 to $75,000. The ...

October 09, 2015 | | HOME SCENE

Sparks braces for Tesla housing boom

SPARKS, Nev. (AP) - Not since the Southern Pacific railroad rolled into this sleepy high desert town in Nevada more than a century ago has there ...

October 09, 2015 | | HOME SCENE

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