WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell this week after last week's surge. The declines could prompt homebuyers to act quickly before rates rise further.
WASHINGTON (AP) - U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.
Q: My husband and I purchased a home in October of 2010 using an FHA mortgage through Bank of America. We had a 30-year fixed rate mortgage with a PMI requiring "up-front" money of $4,635.61 and a monthly premium. Luckily we were able to sell our previous home which was mortgage free and, together with savings, paid off this mortgage in February 2013 - about 28 months into the 30-year commitment. Looking at the FHA/HUD website it states that a refund of some of the premium money is available if the following three criteria are met:
WASHINGTON (AP) - Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall construction spending higher despite a big drop in nonresidential activity.
WASHINGTON (AP) - The U.S. government said Monday that it has received $66.3 billion in dividend payments from Fannie Mae and Freddie Mac after both reported stronger earnings at the start of the year.
Sabal Financial Group, a diversified financial services firm specializing in real estate, lending and banking, has closed a construction loan in the amount of $9.4 million for Manteca's gated Oakwood Shores community.
If the gains of the past 12 months in housing prices throughout the 209 region occurred prior to 2006, there would be dancing in the streets.
WASHINGTON (AP) - U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes have lifted prices in most cities across the country, a sign of a broad-based housing recovery.
WASHINGTON (AP) - U.S. mortgage rates have suddenly jumped from near-record lows and are adding thousands of dollars to the cost of buying a home.
WASHINGTON (AP) - The number of people who signed contracts to buy U.S. homes jumped in May to the highest level in more than six years, a sign home sales will probably rise in the months ahead.
Q: I am a real estate lawyer in practice for over 36 years and in the last three months encountered a new situation for which I find troubling. Both closings I conducted were lot purchases as part of a construction/perm loan. In both cases the realtors were to split a 10% commission. The lenders were not the same. The lenders, citing a fed regulation said the commission could not exceed 8%. How can a lender dictate the commission agreed to by the seller and realtors neither of whom have any relationship with the lenders? Hal.
WASHINGTON (AP) - Sales of new homes rose in May to the fastest pace in five years, a solid gain that added to signs of a steadily improving housing market.
Boys: And I start with just 'boys' to see if you both are men enough to put my letter in print. Here goes my question for you... I have seen over the last few years different real estate signs in front of homes that say "COMING SOON" and very often never see a real "FOR SALE" sign go up. Honestly, I very seldom, if ever, thought much about the coming soon until my husband and I recently began searching for a home to buy. We saw a coming soon sign in a neighborhood in which we have always wanted to ...
The American family continues to evolve, with multiple generations living under the same roof in more households than any time since the Great Depression. Of America's 76 million households, 5.6 percent (4.3 million) were multi-generational as of 2011, according to the U.S. Census Bureau. Homeowners are finding it's more important than ever to ensure every home improvement project delivers benefits for every member of the family - children, parents and grandparents.
When warm weather arrives, does your family head outdoors to enjoy your patio or deck? Do they then turn around and head right back into the air-conditioned comfort when summer sun and temperatures make outdoor living spaces too hot to handle?
Outdoor living is a home improvement trend that can't be ignored. If you plan to add a deck to your house, remember the design is only one aspect of the planning process. The materials you decide to use can affect the project in numerous ways, from the initial investment to maintenance years from now.
Traditional, rustic, contemporary, modern - which style will you choose for your kitchen remodel? While each design style has its own appealing characteristics, what if you want a look that is worldly and inspired? You can add flare to any kitchen - and any kitchen design style - by incorporating cultural influences from around the world.
It is arguably the hottest small parcel zoned neighborhood commercial as well as for other uses that's available in Manteca - five acres at the corner of Pillsbury Road and Woodward Avenue.
PORTOLA VALLEY -- If the architecture of Silicon Valley calls to mind the tilt-up office parks that surround its freeway exits, you might have missed Beverly Thorne's jagged, steel-framed house nestled in a cliff overlooking the South Bay.
WASHINGTON (AP) - High rents are worth it.
WASHINGTON (AP) - Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks.
SAN DIEGO (AP) - California home prices climbed to a new 7 1/2-year high in April as low interest rates and job growth lured buyers, a research firm said Thursday. Sales were brisk.
Home shoppers are finding the home of their dreams in a resort like setting at Van Daele's Waterpointe at River Islands in Lathrop.
If the kitchen is the heart of your home, it would be easy to make the case that the sink is the heart of your kitchen. It's where you prepare foods, clean dirty hands and scrub dishes before the next culinary project. It's also one of the best features to update when planning a kitchen remodel, thanks to new technology and designs aimed at improving how well kitchen sinks perform.
It used to be that the man's room -or man cave- was relegated to the basement or the garage. Now homes are being designed with the man cave already in mind to give men a place to call their own.
PATTERSON - Ivy Terrace is Patterson's first gated "for sale" condominium community.
LOS ANGLES (AP) - Eager to buy your first home this spring? Already own, but want to trade up? Be warned: there'll be plenty of competition
As a kickoff to home improvement season, there are many home updates homeowners are undertaking. But before you grab your toolkit or enlist the help of a professional, do your wallet a favor, and conduct a little research.
Do you feel like your house could use more natural light to brighten and warm your favorite spaces? Patio doors offer unobstructed views that flood your home with natural light and provide convenient access to the outside.
It often starts as a blank spot on the patio, usually somewhere just outside the back door. Then come the "things" to fill the spot. There's so much to consider that it gets difficult to make a decision.