WASHINGTON (AP) - Fannie Mae earned $2.2 billion from April through June, its second quarterly gain in net income since being taken over by the government during the 2008 financial crisis.
NEW YORK (AP) - The first sign that something strange is happening on Ludlow Street is the fence, which is long and green and decidedly out of place amid a cluster of city buildings. Peer through its holes and things get even more confusing: Is that a backyard? In the middle of Manhattan?
Water and the summer months tend to go hand-in-hand - water skiing or fishing at a lake, taking a dip in a swimming pool and watering home-grown plants with a garden hose are among the season's most popular activities. Recent summers have also been some of the driest on record, prompting grass fires, drastically low lake levels and water utilities having to implement water restrictions on their customers.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose for the second straight week, staying slightly above historic lows.
LOS ANGELES (AP) - U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report.
Get ready for property tax increases starting in 2013.
HONOLULU (AP) - David Murdock has sold his Hawaiian island, but he's keeping his seven-bedroom Lanai home, a woodworking shop containing koa furniture, two carved elephant tusks in a resort lobby, and 1,000 rare orchid plants.
WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage rose this week after falling to new record lows in each of the past four weeks.
WASHINGTON (AP) - A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration.
Home and style magazines, social media and interior designers on TV are inspiring more homeowners to transform their spaces into places they love. Projects range from renewing your bathtub to refreshing your backyard deck, and can be completed in just one weekend.
Long gone are the days when TVs were a "one size fits all" proposition, when all you really wanted was the right size box for your living room: a picture tube TV with an unassuming appearance, only matched by its archaic remote controller. Today, the game has changed, and the choices of flat-panel HDTVs are almost as diverse as the viewing audience.
One of the hottest new home floor plans in Manteca today isn't the McMansion.
One of the hottest summers in US history has sent everyone scurrying into their pools to cool off, and the biggest new trend in swimming pools is salt water. First developed in Australia, saltwater pools offer several advantages over conventional chlorine and have become incredibly popular in the last decade.
"Go big or go home." It's a popular sports chant that's found its way into numerous other aspects of American life. But when it comes to home decor, going big at home may not seem like an option, especially if your budget is less than grand.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years.
Fall patio season is upon us, which means hosting family and friends for warm-weather gatherings and barbecues. Don't fret; outdoor events don't have to break the bank. With just a bit of creative vision and DIY savvy, you'll have an al fresco affair to remember in no time at all.
Hand-planed, reclaimed hardwood floors? Beautiful but pricey. Custom drapery? The cost can be blinding. When it comes to home decorating, it's easy to blow your budget on one or two upgrades - and maybe that would be OK if those improvements also amped up the drama in your decor. Too often, however, costly decorating ploys disappoint, wearing out or becoming dated before you've paid off the financing.
YORK, Maine (AP) - Lighthouses for sale! Actually, lots of lighthouses for free.
WASHINGTON (AP) - The average 30-year U.S. mortgage rate this week remained at a 52-week low of 4.10 percent for the third straight week.
Here's a trend that might catch you off-guard: Upwards of one in six new homebuyers in Manteca are single.
When you add a tile or natural stone surface to the kitchen or bathroom, it transforms each space with a fresh, clean and customized look. Many homeowners often dream about adding a backsplash or replacing a floor, but never complete the project because they can't decide on the right look, become mentally exhausted by the thought of doing the project or don't know how to accomplish it themselves.
You love the days when you can go home from work, open the windows and enjoy dinner out on the deck. And it sure isn't hard to rise early on those sunny weekend days to spend all day in the backyard. Those days are here, and it's time to get outside to spend time with the grill, the garden and the deck.
The United States is a country of renovators and remodelers, judging from the steady growth of home improvement projects across the nation in recent years.
Wood may be known for its timeless visual appeal, but there's nothing static about the way people showcase it in American homes. Designers, homeowners and DIYers are re-discovering the warmth and beauty of wood. From inventive new uses to re-interpretations of existing styles, they're finding creative ways to use wood throughout the home.
WASHINGTON (AP) - More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.
Organizing the garage may be one of the most feared tasks in household history. According to a recent Gladiator GarageWorks survey, nearly three out of four households can only park one car in their two-car garage, illustrating the need for a serious garage intervention.
WASHINGTON (AP) - The average 30-year U.S. mortgage rate remained at a 52-week low of 4.10 this week.
WASHINGTON (AP) - U.S. home prices increased at a slower pace in June - a cooldown that could continue for several more months.
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