DEAR BENNY: I want to get the PMI off my mortgage in February of next year, which will be two years from the time of my refinancing. All my payments have been on time. I have communicated with my current mortgage company that I wish to have the PMI canceled and they informed me in writing that I have to wait for two years and that I have to get an appraisal (which I have to pay for) in order to make sure I will have 20 percent equity of the new appraised value.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell this week near record lows, providing more incentive for Americans to buy homes and refinance.
SAN DIEGO (AP) - California home prices posted a ninth straight annual increase in November as buyers competed for a limited number of available properties, a research firm reported Thursday.
Remodeling and refreshing the home is a great way to keep cabin fever at bay during long winter months. Designing a bathroom remodel to incorporate innovative style, comfort and efficiency helps to speed the winter months along, and your family will certainly enjoy the rest of the season with a beautiful new bathroom.
Despite its negative reputation, the number 13 doesn't always have to be unlucky. Take these top 10 decor trends for 2013 from design experts, manufacturers and trend forecasters across the country. They're fresh, fun and sure to bring good fortune to any home.
As cooler temperatures approach, more homeowners are turning to value-driven renovation projects that will warm up their space and withstand the test of time.
If you're tired of looking at your outdated kitchen, but feel replacement would be impractical, you're not alone. In 2013, consumers will be trying to find the beauty in the beast. Projects that help the old look new will be the next big makeover trend - especially in the kitchen where remodeling becomes more pricey.
LOS ANGELES (AP) - Sales of U.S. homes facing foreclosure are on the rise and outpacing sales of bank-owned homes, a reflection of stepped up efforts this year by lenders to avoid foreclosing on homes with mortgages gone unpaid.
WASHINGTON (AP) - A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.
DEAR BENNY: My sisters and I "own" some Tennessee properties inherited from my late father, who died in 1984. In his will, he wanted to provide for his current wife ("B"), so she was given a "life estate" for her use of both properties during her lifetime. My sisters and I are the owners on the deeds. One of the properties is a residence, and the other is an income-producing commercial property.
ROANOKE, Va. (AP) - The premiere of "Salvage Dawgs" opens with Mike Whiteside, 56, rolling up Roanoke's Memorial Avenue and into the parking lot of Black Dog Salvage with a giant, rusty rocket strapped to the top of his red Chevy pickup truck.
It's a design opportunity that's easily missed: Even the most stylishly decorated rooms often have bland wooden doors with cheap hardware.
Spanish explorer Ponce de Leon spent many years and covered many miles searching for the fabled "fountain of youth." Fortunately, you don't have to go to those lengths to find a special fountain that will transform your backyard into a private oasis. You only need to make a trip to the local garden store.
Slim is "in" ... and not just for people watching their weight. Flat screen TVs and the wall mounts that turn the TVs into decorator showpieces seem to grow sleeker and slimmer every year. And when it comes to viewing technology, thinner not only looks better, it has practical advantages, too.
WASHINGTON (AP) - U.S. sales of new homes fell slightly in October and September sales were slower than initially thought. The October sales pace was dragged lower by steep declines on the East Coast, partly related to Superstorm Sandy.
Want to get the best out of your lawn this year? Implement these simple hacks to keep your lawn green and growing, your equipment up and running, and your yard looking great:
Did you know that the smallest room in your home can be the most dangerous?
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
LINCOLN, Neb. (AP) - A judge has dismissed a California real estate broker's lawsuit over a Nebraska law requiring licensing to market Nebraska homes online.
With Phase I 90% sold out, Van Daele Homes has released Phase II at their Waterpointe community at River Island in Lathrop.
Low- and no-maintenance features top the list when making over outdoor living spaces because less time maintaining means more time enjoying.
Bathroom remodels are one of the most popular home improvement projects and they provide impressive return on investment. While plenty of focus goes into selecting the perfect tile or ideal shower surround, there's one critical area that too often is overlooked: the lighting.
The heat is definitely on this winter. With winter storms hitting many parts of the country early in the season, furnaces are plugging away, causing rising heating bills. Space heating is the largest energy expense in the average U.S. home, accounting for 45 percent of energy bills, according to the U.S. Department of Energy. Consumers are looking to keep their homes cozy as the temperature continues to drop, while also having manageable utility bills.
Fred Sheil fights crime.
The average American spends an hour a day in the kitchen preparing food and cleaning up afterward, according to the American Time Use Survey by the Bureau of Labor Statistics. Add in the time it takes to put groceries away, load and unload dishwashers, organize cabinets and pantries or just hang out, and you spend a whole lot of time in your kitchen.
Nearly everyone (96 percent) wastes up to an hour each week pre-washing their dishes, according to a recent survey. But the reality is that the outdated ritual of pre-washing can actually result in dirtier dishes and waste a valuable resource - water!
Everyone has a preferred style of kitchen, no matter if you're a chef at heart or just prefer to heat something frozen using the microwave. You may be surprised to discover your personality influences the style of kitchen you prefer. So, do you know what style matches your personality?
WASHINGTON (AP) - U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of houses for sale.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.