WASHINGTON (AP) - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.
DEAR BENNY: We have been renting a house with an option to buy for two years now. We recently learned from mail the bank has sent that the property was listed for foreclosure. (No, we have not opened the letters addressed to the owners, but they are from the bank that holds the mortgage and they have been coming every two weeks addressed to both lien holders.) We also received a letter from an attorney indicating that the property was listed for foreclosure.
As you anticipate what exciting things this year will bring, you might notice your home decor has been left behind. Fortunately, you can easily beautify and modernize your home using hints from design experts on the hottest color trends. Don't worry that you'll need to break the bank - simply updating the shades of your walls can create the feel of an entire new home without the cost of buying one. And you'll enjoy starting the year in fresh, contemporary surroundings.
DEAR BENNY: I am selling my house and received two offers on the same day: The first offer came in first thing in the morning, and I made a counteroffer. Several hours later there was another offer. My agent informed both buyers' agents of the competing offers and shortly after was informed by buyer's agent No. 1 that his clients had accepted the counteroffer. I rejected offer No. 2, as required, and started packing.
LOS ANGELES (AP) - Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained below 4 percent for the eighth straight week.
WASHINGTON (AP) - President Barack Obama is proposing a program to allow homeowners with privately held mortgages to refinance at lower interest rates.
While the bathroom may be one of the smallest rooms in the home, it is also the area where we store a multitude of items, from cosmetics to cleaners, laundry to linens. With this in mind, it's easy for your bath to feel more like crowded, cluttered chaos than the spa sanctuary we long for it to be.
LEHIGH ACRES, Fla. (AP) - At Our Daily Bread Food Pantry, the conversation often centers on real estate. Once taboo details - home values and what people paid for their properties - are casually discussed, and there appears to be little shame in walking away from a mortgage or fighting the bank on a foreclosure.
Home sweet home. With more homeowners deciding to stay put in their homes, rather than attempting to sell in the current market, that old adage is more meaningful than ever.
To get a jump on the upcoming spring selling season, Woodside Homes has started a "40 Homes in 40 Days" sales event at communities throughout the Sacramento and Modesto regions. With a lofty goal of selling 40 homes in 40 days or less, the sales teams at all Woodside Homes communities are receiving daily updates and the authorization to do whatever they can to help homebuyers purchase a new home now.
A significant shift in consumer preference in new home purchases is the latest by-product of the still-struggling economy. The residential construction market is shrinking and so are houses.
WASHINGTON (AP) - A $25 billion settlement between the nation's major banks and U.S. states over deceptive foreclosure practices during the housing crisis is nearing completion.
Everyone loves granite for kitchen and bath countertops, but many homeowners find this option for adding value to their home, too pricey. When considering a kitchen update I found that granite typically costs $50 to $100 per square foot (including installation).
NEW YORK (AP) - Wells Fargo reported gains in its mortgage business for the fourth quarter on Tuesday.
WASHINGTON (AP) - Average U.S. long-term mortgage rates arrested their five-week decline this week but the benchmark 30-year loan remained below 4 percent.
Buying a new house is an exciting time in your life. Because it is one of the most important investments you'll make for yourself and your family, there are many important factors to consider. Before making a purchase, take these four questions into account. Having the answers will allow you to enjoy your new home now and in the years ahead.
With the fall season comes cool weather and more time indoors. Snuggling up with blankets and partaking in activities at home can create more clutter than usual around the house. Instead of getting frustrated, it's easy to add stylish storage to corral extra items. Get organized and keep your home clutter-free with a few smart tips.
Clutter can disrupt the flow of any home, bringing unwanted stress and frustration, especially in the kitchen. As one of the most prominently used rooms, maintaining a clutter-free environment will create a happier and healthier space for your family to enjoy. Here are a few tips to help you achieve and maintain a fully functional, chaos-free kitchen.
The housing market is thriving in many parts of the country, and the driving force is an estimated 92 million Gen Now consumers between the ages of 19 and 37 (aka Gen Y or Millennials) that will enter the market to become new homebuyers by the year 2020. These consumers have grown up during the introduction of the Internet, social networking, mobile devices and a huge recession. Not surprising, this massive group is demanding far different features in their homes from what their parents and grandparents have desired in the past, and it may forever change the way homes are ...
This holiday season, create a welcoming environment for your guests. From getting your home ready for company to managing the many messes that come with a packed home, there are several cleaning tips to help you enjoy the fun at hand without the extra stress.
Van Daele Homes' Waterpointe community at River Island showcases a rare and popular offering – a floorplan that lives like a single level home with the added benefit of a second story providing extra space. The Residence 1 is one of three spacious, distinctive and flexible plans at Waterpointe where homes currently available for purchase are situated on average 10,000 square foot homesites and are priced from the low $400,000's.
NEW YORK (AP) - A sudden plunge in mortgage rates last week raised an urgent question for millions of Americans:
As the temperature drops, your lawn and garden will start settling into a dormant state. As you prep your landscaping and garden for a winter's slumber, it's a good idea to review the tools you used all summer. Taking care of this task now will ensure they're in good shape come spring when it's time to use them again.
The leaves and the weather don't need to be the only things to change this season. As the cooler temperatures send you indoors, start adding home improvement projects to your to-do list.
WASHINGTON (AP) - With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home.
LOS ANGELES (AP) - Man's best friend is taking a bite out of renters' wallets.
As the weather cools down, people are preparing for cozy nights indoors. Perhaps nowhere is the desire for warm, comfortable living spaces more important than the bedroom. Fortunately, it only takes a few simple tricks to warm up any bedroom in just one weekend.
WASHINGTON (AP) - U.S. homes sold in September at their fastest clip this year, a sign that the housing market is shaking off a slowdown that began in the middle of 2013.
WASHINGTON (AP) - U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying.