The State of California has benefited handsomely from the misery of those in the Golden State who lost their homes in the foreclosure crisis.
Why is it that some people can do daring things with color in their living rooms or bedrooms, but stick with the strongholds of beige and white in their kitchens and baths? As bright hues are surfacing in kitchen and bath design trends, existing oft-neutral palettes make it easy to introduce bold splashes.
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.
NEW YORK (AP) - For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit.
SAN DIEGO (AP) - Home foreclosure activity in California fell to a new five-year low in the third quarter as rising prices eased pressure on homeowners and lenders, a research firm said Wednesday.
DEAR BENNY: For the life of me I cannot fathom why all real estate people insist borrowers keep a mortgage going. My husband and I bought our house and paid it off in five years. Now, instead of getting a deduction off our taxes, we have our paychecks free and clear. I cannot see how paying $1,000 a month for 30 years would have been better. With that money in pocket we amassed nearly $1 million in savings. Here is what it allowed us to do:
WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage has fallen to near its record low set earlier this month.
LOS ANGELES (AP) - Confidence among U.S. homebuilders remains at its highest level in six years, reflecting improved optimism over the strengthening housing market this year and a pickup in visits by prospective buyers to builders' communities.
When you finally tackle that home improvement project you've been planning for a while, you're probably eager to get the job done quickly, well and on-budget. Injuries can delay your project, and cost money for medical expenses or even time lost from your job. It's important to take steps to prevent injury.
It's easy to instantly trim your energy consumption and boost the eco-friendliness of your home. The key to easy energy savings is lighting. Though for many homeowners and renters, knowing how and what to do to improve their home's lighting energy efficiency can be confusing.
Gas prices - which appear to be heading toward $5 a gallon -may be a wild card in the Manteca housing market recovery but not in the way you might think.
For a basic green living project with benefits to your wallet and the environment, consider revamping the kitchen pantry. The cupboard is the starting point for most kitchen activity and is more than just a storage space. Develop good buying habits and build a strong foundation and you can avoid the waste of food and money. Here's how to tackle the task at once or little by little.
Everyone wants an immaculate home, but not everyone wants to spend their free time scrubbing and straightening. The reality revealed in a recent Good Housekeeping magazine study is that the average homeowner spends roughly 19 hours a week cleaning.
Terry, please answer this question for me: Why shouldn't I just walk away from my mortgage?
DEAR BENNY: If damage to an individual unit is from a common-area element and was caused by negligence, and the condo documents as I understand them state that the damage to the unit involved is the responsibility of the condominium owners association, should that not then be covered by the master policy? Also, what is an HO-6 policy? --Lois
The kitchen is the focal point of any home. It's a place where you eat, congregate and celebrate life's big moments. If you are an empty-nester looking for the kitchen of your dreams, a parent seeking to match your kitchen to your growing family or you simply feel inspired to change things for the better, it's time to stop dreaming and start planning.
When considering a home renovation, think outside the box for design inspiration and setting the overall tone.
When you think of the holidays, celebrations, presents and friends likely come to mind - not crime. Unfortunately, burglaries increase at this time of year, and your home could be a target. With a few simple safety precautions, you can protect your property, your family and your valuables now and well into the new year.
Bargain hunting is practically a sport, especially during the holiday shopping season. Deloitte's 2014 annual holiday survey predicts the average American will drop nearly $1,300 this holiday season. With that level of spending in mind, planning to save real money elsewhere is crucial to managing a household's bottom line.
Your porch should be a warm, welcoming outdoor living space that offers comfort and helps make a house a home. Whether you want to remodel your porch from the ground up, or just give it a refreshing new look and feel, it's easier than you think to create a perfect porch.
Are you looking for ways to update your home this new year? With so many fresh interior ideas available, it can be difficult to balance current design trends with classic styles for a look that is both of-the-moment and everlasting. Follow these guidelines to find a way to blend now and forever for a look you will love today and tomorrow.
WASHINGTON (AP) - Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year.
WASHINGTON (AP) - Construction of new homes fell slightly in November, reflecting weakness in construction of single-family homes.
Most first-time buyers can come up with the income to comfortably cover a monthly house payment but often lack the money needed up front.
WASHINGTON (AP) - Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.
One of the best ways to kick off the holiday season is to decorate. And while it's easy to load your cart with beautiful decor from your favorite store, Christmas is more personal when decorations are homemade.
Game night, girls' night or family reunion – your home serves as the backdrop for many occasions. Preparing your space for friends and family can feel like a heavy undertaking, but with a few simple entertaining tips, hosts can wave goodbye to anxieties.
Have you ever admired a coffee table cleverly fabricated using a discarded door sitting on a frame? Or been surprised by the sight of an old refrigerator reborn as a bookshelf or TV cabinet? Even bathroom fixtures have been known to draw notice (and a snicker or two) when repurposed as garden containers.
WASHINGTON (AP) - Average U.S. long-term mortgage rates edged higher this week after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers.
From painting supplies to gardening and hand tools, buying well-made home improvement tools can help improve project results. The tools you use may be an investment, so you'll want to take care of them to ensure they last for more than just one project.