WASHINGTON (AP) - The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows this week, making home-buying and refinancing more attractive to those who can qualify.
Last week I talked about how I am seeing more "for sale" signs coming out on properties in my area. Reports around the country are similar to mine and it appears that homeowners who have been waiting to sell, are beginning to believe that the market is turning and that now is time to test the waters.
DEAR BENNY: I own two properties and would like to sell my current residence to my daughter and her husband, and move into the other. Its assessed tax value is about $150,000, but I'd like to sell it to them for about $200,000 interest-free. Both my houses are paid off so I don't need any down payment from them.
NEW YORK (AP) - Bank of America is providing mortgage relief to about 200,000 homeowners.
It's beautiful outside and the last thing you want to do is spend all of your spare time working on your home when you could be playing or spending time with loved ones.
WASHINGTON (AP) - Fixed-rate mortgages remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped this week, while the 15-year loan fell to a new record low.
Woodside Homes celebrated the start of its Spring Fling Bonus sales event last weekend, giving buyers their choice of five valuable move-in bonuses with the purchase of a new home.
As the weather gets warmer, fans anxiously wait for their favorite sport to take center stage. College basketball fans fill out their brackets, golfers dust off their clubs and dream about green jackets, baseball diamonds are prepped for opening day and the professional basketball playoff run starts heating up.
WASHINGTON (AP) - President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis.
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 ...
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.
Homeowners will pay 13 percent more this year to heat their homes with natural gas, the U.S. Energy Information Administration predicts.
WASHINGTON (AP) - A measure of U.S. home prices rose only slightly in September from August, a sign that prices are leveling off after big gains earlier this year.
Q: I haven't noticed this issue in your column. My neighbor's townhouse smells! When she has her windows or doors open, the odor is so overwhelming that I am unable to be outside or even have my windows open. This past summer, the smell was even drawn in by the air conditioner. I've had guests suddenly cover their nose and comment on the smell so, it's not my imagination.
Many triggers can affect our moods. From sights to sounds to smells - it's a sensory experience that we don't seem to have much control over. Or so we used to think. But with more research being done on exactly how these elements might affect our stress or happiness levels, we now have better insight on how to enhance our mood. This is good news for those looking to make home improvements.
When looking to transform your home, elements such as doors, ceilings and trim are perfect places to add color. These architectural details can create a wow factor with well-placed splashes of color.
Hey Real Estate Boys; This should be a quick and easy question for you boys. Sometime in April or March the market picked up, as you both reported, and we seemed to have a resurgent market all of a sudden. Well, the end of the summer, say July, I saw signs sitting a lot longer in front yards. Then looking at the closed sales in another newspaper, the sales seemed to have dropped or stopped ...
With the autumn season in full swing, there's no better time to watch leaves change colors, enjoy a hayride with family and friends, and indulge in a cup of hot apple cider. But, did you know it's also the perfect time to prepare your backyard for winter?
Q: My dad is in his 70's still working. Mom died a couple years ago and he's left with a mortgage (remaining balance of $330K on a single-home) on top of house maintenance, monthly costs and unpaid debts. Lately, dad expressed concern that he is getting old and worried how he can pay for the house. He is opposed to selling the house because of life memories. Stated the idea of us (family of 3, ...
WASHINGTON (AP) - The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months. The decline reflects higher mortgage rates and home prices that have made purchases more costly.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell for the second straight week and are at their lowest levels in four months.
As decorations are hung this holiday season in preparation for entertaining family and friends, consider creating ambiance using lighting in the main social rooms of the home, including the kitchen, dining and living rooms. Beyond the trimmings, presents and other jolly adornments, it is essential to have the proper lighting to enhance the glow of the holidays and adjust the mood of a room.