LOS ANGELES (AP) - The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level since 2009, according to a new report.
There has been a lot of trepidation this week awaiting the latest jobless report. On Friday morning the government announced that the national unemployment rate dropped to 8.1%. However before you begin to believe that the employment sector is improving, you need to understand the real numbers.
DEAR BENNY: I plan to pay off my home mortgage. After I do so, do I need to do anything on the deed? I received a deed under my name from the county office when I bought the house three years ago. Is this deed good enough for my ownership of the house? Are there any other things I should take care of after paying off the mortgage? --Xia
Looking for a trendy home and garden makeover that gives instant gratification and doesn't require a lot of time and resources? The latest trends in fashion and home decorating are drawing inspiration from the bright colors and laid-back attitudes of the tropics.
There is a growing consensus among economists - and experts with firms that track housing such as CoreLogic and RealtyTrac - that the housing slide has ended.
WASHINGTON (AP) - The American dream of homeownership is at its lowest point in 15 years, the latest evidence of a housing market still far from recovering five years after the housing crash.
SACRAMENTO (AP) - The state Senate has approved a bill that would penalize home buyers, investors and developers if they fail to clean up dilapidated homes quickly.
CARLTON, Ore. (AP) - After getting trampled in the Great Recession, Oregon farmers who produce nursery crops and grass seed finally are seeing better days.
WASHINGTON (AP) - Government-controlled mortgage giant Freddie Mac is requesting $19 million in additional federal aid after posting a loss for the first quarter of this year.
Six of some of the best private gardens in the area will be showcased in the 2012 Manteca Garden Tour sponsored by the Manteca Garden Club.
Looking for a way to enhance the use and enjoyment of your outdoor space? A deck addition may be the solution. A deck creates a designated area for entertaining and relaxing outdoors, while increasing homeowner satisfaction and home value. If you're a motivated do-it-yourselfer, building your own deck can be a fun and rewarding challenge that saves you money and ensures your outdoor space is tailored to suit you and your home.
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.
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.
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?
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
The average American spends an hour a day in the kitchen preparing food and cleaning up afterward, according to the American Time Use Survey by the Bureau of Labor Statistics. Add in the time it takes to put groceries away, load and unload dishwashers, organize cabinets and pantries or just hang out, and you spend a whole lot of time in your kitchen.
Nearly everyone (96 percent) wastes up to an hour each week pre-washing their dishes, according to a recent survey. But the reality is that the outdated ritual of pre-washing can actually result in dirtier dishes and waste a valuable resource - water!
Everyone has a preferred style of kitchen, no matter if you're a chef at heart or just prefer to heat something frozen using the microwave. You may be surprised to discover your personality influences the style of kitchen you prefer. So, do you know what style matches your personality?
WASHINGTON (AP) - U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of houses for sale.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.
Owning a home is part of the American Dream, yet standards on income, credit and debt are making it tougher to buy a home than it was 10 years ago. Even though requirements are relaxing, only three out of five borrowers get approved.
Installing or fixing a faucet can seem like a daunting task. But, in many cases homeowners can update the kitchen and bath themselves - all you need are the right tools, good judgment and a little time to devote to the project.
Do long, winter days holed up indoors have you dreaming of a new deck to relax on come springtime? Whether you envision transforming a deck into a personal sanctuary or building a new outdoor living space for backyard entertaining, now is the perfect time to start turning those dreams into reality.
WASHINGTON (AP) - Construction of new homes rebounded in December, helping to push activity for the entire year to the highest level since the peak of the housing boom nine years ago.
NEW YORK (AP) - U.S. homebuilders are feeling slightly less confident in their sales prospects ahead of the spring homebuying season, traditionally the peak period for home sales.
Homeowners can avoid emergency repairs by completing a few home projects each season. A simple project such as inspecting the plumbing annually can prevent the unexpected cost of repairing water damage from a pipe that burst.
WASHINGTON (AP) - U.S. home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that apartment dwellers are facing more financial pressure.
The bathroom doesn't have to be basic. Thanks to a wide array of new products on the market - and plenty of ways to customize - even the most outdated bathrooms can become an oasis of tranquility and a lavish retreat away from the stresses of everyday life. Here are six ideas for transforming your bathroom into a luxurious spa-like space.
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further below 3 percent.
WASHINGTON (AP) - Wells Fargo and JPMorgan Chase have agreed to pay more than $35 million combined to resolve claims that loan officers at the two banks received kickbacks in exchange for steering mortgage borrowers to a Maryland title company.