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Archive By Section - HOME SCENE


Closing Fannie, Freddie could boost mortgage rates

WASHINGTON (AP) - Homebuyers could feel the pinch if Congress follows through on plans to shut down Fannie Mae and Freddie Mac, the government-controlled mortgage guarantee giants that were rescued by a $187 billion taxpayer bailout during the financial crisis.

August 09, 2013 | | HOME SCENE


Average rate on 30-year loan at 4.40 percent

WASHINGTON (AP) - Average U.S. rates on fixed mortgages barely changed this week, giving prospective homebuyers time to lock in relatively low rates.

August 09, 2013 | | HOME SCENE


Real estate inheritance tax tips

DEAR BENNY: I am a retired widow who owns two homes. I have two children. Is it possible for each one to be a co-owner with me: one child on one house and the other on the second property? How would I go about doing this? Would that save anything on taxes, etc., for my two adult children? Would it cost me anything other than the filing fee for the property ownership papers of each of the homes?

August 09, 2013 | BENNY L. KASS | HOME SCENE


Freddie Mac earns $5B in 2nd quarter

WASHINGTON (AP) - Freddie Mac earned $5 billion from April through June, the seventh straight profitable quarter for the mortgage giant.

August 09, 2013 | | HOME SCENE


Fannie Mae posts $10.1B net income for 2Q

WASHINGTON (AP) - Mortgage giant Fannie Mae earned $10.1 billion in the second quarter, aided by the recovery in the housing market. The government-controlled company has turned a profit in each of the past six quarters.

August 09, 2013 | | HOME SCENE


Remodeling: Making your space work for you

(BPT) - As more people choose to stay in their current homes longer, Americans are diving into large remodel projects. Forty percent of homeowners plan to remodel or build an addition to their existing home within the next two years, with kitchen and bathroom projects remaining the most popular remodeling jobs, according to the 2013 Houzz and Home Survey.

August 09, 2013 | | HOME SCENE


Wall-mounted sliding door ‘reflects’ solid design solution

Like many couples who share a bathroom, one Arizona couple was frustrated by the space that was compromised by a swinging bathroom door. The open door swung into the bathroom vanity and took up too much space in a very traditional bathroom.

August 09, 2013 | | HOME SCENE


Inventory, not interest, is key

Good afternoon Real Estate Boys; it is well over 100 degrees outside as I write to you gentlemen. Boy the heat is on and it's only July 2. While the heat is my question it has nothing to do with the weather outside. More to the point, my question is about the heat of the market. You Boys let your readers know about the interest rate hike a few weeks before it happened and you've been somewhat accurate about the market itself. So, with interest rates going up about a whole point last week, now here's the ...

August 09, 2013 | The Real Estate Boys | HOME SCENE


Make your own masterpieces: painted focal points for rooms

Still love the overall design scheme of a space, but feeling a little bored? The best way to breathe new life into it - without revamping the entire area - is by creating a new focal wall. Instead of a decal, stencil or pricey artwork, make a statement that's one-of-a-kind with a little creativity and painter's tape.

July 26, 2013 | | HOME SCENE


Former Long-time renter is $18,000 ahead after buying home 5 years ago

She's a single woman in Manteca in her 50s.

July 26, 2013 | Dennis Wyatt | HOME SCENE


Building homes that make more power than they take

NEW PALTZ, N.Y. (AP) - Homes being built in this Hudson Valley cul-de-sac offer prospective buyers wooded lots, pretty views and - oh yes - the promise of thumbing your nose at the power utility.

July 26, 2013 | | HOME SCENE


Average rate on 30-year loan falls to 4.31 percent

WASHINGTON (AP) - Average rates on U.S. fixed mortgages fell for the second straight week, a welcome sign for homebuyers hoping to lock in lower rates that had spiked earlier this month.

July 26, 2013 | | HOME SCENE


Best backyard bets for enhancing outdoor living

From entertainment systems and fully functional kitchens to luxurious furnishings and decor, it's easy to drop a bundle on improving your outdoor living spaces. The choices seem to be unlimited. But no matter how much you love your deck or patio - and most Americans do - you probably don't have an unlimited budget for equipping your outdoor space.

July 26, 2013 | | HOME SCENE


Advice on protecting rental property

Q: What is needed in landlord insurance? My husband and I have become accidental landlords due to me not wanting to sell my family home after my father's passing.

July 26, 2013 | BENNY L. KASS | HOME SCENE


6 in 10 Vegas home sales involve cash

LAS VEGAS (AP) - Cash is king buying a house in southern Nevada.

July 26, 2013 | | HOME SCENE


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Page 38 of 97

Articles by Section - HOME SCENE


Average 30-year mortgage rises to 3.8 percent

WASHINGTON (AP) - Average long-term U.S. mortgage rates are up this week to the highest level since mid-March.

May 08, 2015 | | HOME SCENE


Seeking advice on buying first home

Hey you Real Estate Boys: There's a lot going on my/our lives in the coming months. First and most importantly we will be getting married right after we both graduate in May, from Stanislaus with our respective degrees. We both have good jobs in this area and are looking forward to becoming old and boring and raising a family. "She is so brilliant." So, being the conservative future couple we'd like to make sure we start our lives on the correct foot/feet. And that, sirs, is our question. How does a young couple start a life ...

May 08, 2015 | | HOME SCENE


Fannie Mae posts $1.9B profit for quarter

WASHINGTON (AP) - Mortgage giant Fannie Mae says it had net income of $1.9 billion for the first quarter. That's sharply down from the same period a year ago due to lower fee income and larger losses on investments used to hedge against swings in interest rates.

May 08, 2015 | | HOME SCENE


Building tiny houses into big help for Los Angeles’ homeless

LOS ANGELES (AP) - Shortly after Elvis Summers befriended Irene McGhee, he learned she was sleeping on the streets of South Los Angeles.

May 08, 2015 | | HOME SCENE


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