WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record.
WASHINGTON (AP) - A jump in sales of previously occupied homes and further gains in home construction suggest the U.S. housing recovery is gaining momentum.
If you were to take a look at a typical neighborhood today, you would see patterns of familiar home designs such as split-level, ranch or colonial. Most of these American styles were built between 1955 and 1985, when there was a need for mass-produced housing. Due to this suburban sprawl, many homes lost the originality and architectural appeal of classic styles built in the late 19th and early 20th centuries.
With the days getting shorter and the temperature dropping, fall is in full swing. That means it's time to put away the patio furniture and spruce up your home with new seasonal items, colors and textures.
Let's say someone has a home they either own free and clear or have very little left to pay off on their mortgage.
For many Americans, as they look out the window of their homes, they see what is becoming a nightmare for many people- a foreclosed house on the block. Its yard is overgrown and littered with branches and trash. It has become a lifeless shell, a magnet for trouble and a source of worry as neighbors wonder how the property will affect the value of their homes.
BATON ROUGE, La. (AP) - After three decades holding estate sales, Noelle Lanier says she is sure she believes in ghosts.
Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a recent American Society of Home Inspectors (ASHI) survey.
Fall is the time of year when thoughts turn back toward the home. With kids back in school and the holidays approaching, many homeowners look for ways to make their rooms more stylish, but struggle to find the balance between beautiful and livable.
DEAR BENNY: I am in the midst of house hunting right now. Do you have an example of contingency language for financing and inspections that you have used in the past? We are about to make an offer and would like to include this language in the contract if possible. --Ryan
With cooler temperatures on the way, there's no better time to finish checking items off the home improvement to-do list. Several projects are "must-do's" and should be completed before the harsher weather arrives. Most are simple enough to accomplish in just a couple days.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a modest housing recovery.
LOS ANGELES (AP) - The evolution of the U.S. foreclosure crisis is increasingly diverging along state lines.
SPRINGFIELD, Mo. (AP) - Looking at what Dan Chiles is building in western Greene County, it's hard to tell whether it's a home or a storm shelter.
Comfortable spaces don't need to be constrained by four walls, and an outdoor entertaining area can quickly become the most important "room" of your home. You aren't alone if your porch or patio looks outdated and drab. Weather conditions can be tough on outdoor areas, but with a few simple updates, you can create a perfect outdoor space in no time.
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.
When the weather conditions are just right, a relaxing evening spent on the porch or patio is perfect for enjoying good company and the beauty of the outside world. Wouldn't it be nice to enjoy these comforts regardless of the season?
In the fashion and design world, alternative materials that emulate high-end looks are trendy not only for their lower price point and low maintenance qualities, but thanks to advancements in design and technology, are often hard to differentiate from the real thing.
Now is the season for enjoying backyard BBQs and poolside parties with friends and family – not being trapped in the house for pre- and post-party cleaning. With a little planning, you can minimize time spent on daily chores and maximize time spent soaking up the sun and creating memories with guests.
When thinking about your dream kitchen, what finish style of cabinets come to mind? Is it rich dark stained cherry wood? Maybe a clean, crisp white paint? Do you picture yourself having a rustic kitchen complemented by different techniques?
WASHINGTON (AP) - The number of Americans signing contracts to buy homes fell slightly in October as tight credit and lagging wages remained financial hurdles for would-be homebuyers.