WASHINGTON (AP) - The federal government proposed new rules on Tuesday that will give homeowners more ways to avoid foreclosure and get an accurate accounting of their monthly mortgage payments.
DEAR BENNY: We own two houses, both of which have been on the market for approximately two years. One is our primary home, and one is a second home on the lake. Due to personal issues, we want to sell. Should we take a loss and sell, or hang tight? --Joyce
For many younger Americans, the dream of owning their first home is alive and well. But for others, it's still an elusive dream.
Love the way you feel after slipping into your little black dress, or donning a well-tailored black suit? Black is not only a great shade on you - it's also a great shade for your home. The stylish finish is especially perfect in the kitchen - and can be seen in everything from kitchen appliances to hardware, and now even faucets. Make your kitchen feel just as good as you do in your go-to outfit with the magic of black.
Technology is in virtually every facet of our lives, yet many of the everyday conveniences we enjoy now have been around for less than 100 years.
WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows.
When warm weather arrives, Mother Nature becomes a shameless show-off. From clear, bright skies to lush green grass and vibrant blooms, the outdoors go bold and beautiful. So is it any surprise that this season's outdoor decor is following suit?
Generations of Americans have considered owning their own home a key aspect of achieving the American Dream. But the lingering aftermath of the Great Recession has caused many people to rethink that belief. Rental occupancies are rising as more Americans opt to lease their homes, rather than buy.
The housing market continues to bounce around at what many experts believe is the bottom. In recent weeks I have written about how many of the housing reports have indicated a slowly strengthening real estate market. I don't believe that trend is changing however in the last week we have seen the New Home Sales report as well as the Pending Home Sales report come in weaker than expected. With the employment picture steadily improving, it is a little bit confusing as to why the housing market is unable to gain much traction towards improvement.
Who would have thought getting dirt under your fingernails would ever be considered one of the hottest trends going? According to Doug Jimerson, garden core director for Better Homes and Gardens, "growing your own fruits, veggies and herbs is something Americans are doing in record numbers this season."
DEAR BENNY: I enjoy reading your articles and I have a question of my own. My wife passed away three years ago and I recently remarried. I plan to retire this year and want to refinance my home. The house is in both my deceased wife's name and mine. What complications will I run into when I do this? --Harold
You've made the decision to remodel your home. The budget range and project scope have been set. You've even preemptively told your sister-in-law she'll need to host Christmas (alright, that was before you knew you were going to remodel). Now what?
Banks may finally be getting it.
Yearning to escape to a tropical paradise? This spring, look no further than your own backyard to capture the romance of the tropics and create a sense of optimism to lift your spirits.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week for a second straight week but remained near historic lows.
The real estate market heats up when the weather does, and spring and summer are traditionally the most active seasons for home sales. This year, industry experts predict that home prices will continue to rise and, with mortgage rates remaining low, the spring and summer real estate season will be competitive for both buyers and sellers.
Gain a couple of pounds since 2006?
Despite record-low interest rates, monthly mortgage payments may double for more than 1 million American homeowners. That's because a decade ago they opted for "interest-only" loans or home equity lines of credit. But most of those loans were structured to reset after 10 years - at which time the loan would require payment of both principal and interest.
When spring-cleaning uncovers a worn floor it may be time to consider purchasing a new one, especially if you're selling your home in the near future. A new floor, like refreshed paint and updated fixtures, makes a home more enjoyable to live in as well as more marketable.
Give your home an energy shot this spring with bright colors and bold patterns.
From barbecues and games of bocce to parties and candlelit dinners, your outdoor space can be a hub for entertaining friends and family.
Homeowners, builders and remodelers are always looking for innovative and new ways to enhance existing spaces during home makeovers and room renovations.
Homes priced under $304,000 that are ready-to-move-in and don't require major work such as new roofs, kitchen upgrades or bathroom repairs are moving relatively briskly in Manteca.
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.
Let's face it - life is busy. And one of the byproducts of a busy life is a cluttered house. With piles of paper coming home from school and toys creating obstacle courses in the family room, parents may wonder how they'll ever take back control of the house. A few experts share their ideas for doing just that.
From genteel porches in the East to sleek, seaside balconies in the West, the popularity of outdoor living spaces is poised for significant growth from coast to coast with industry analysts predicting it will be a $5.7 billion market by 2016. Reinforcing these projections, 63 percent of architects cite an outdoor living space as the most popular "special function room" in housing construction, according to the American Institute of Architects. What's more, the Hearth, Patio & Barbecue Association reports that homebuilders list decks among the top three features most requested with new home buys.
WASHINGTON (AP) - U.S. home prices rose in March, but the gains are decelerating as fewer Americans can afford to buy.
WASHINGTON (AP) - Sales of U.S. new homes recovered in April after slumping in the previous two months. But Americans are still buying new homes at a slower pace than they did a year ago.