WASHINGTON (AP) - Timothy Mayopoulos, the general counsel of Fannie Mae, will be the next CEO of the government-controlled mortgage giant.
WASHINGTON (AP) - Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help boost prospects for home sales this year.
DEAR BENNY: I am 58 years old and married. My total household income is less than $50,000. I have no mortgage; however, I do have a line of credit with $130,000 owed.
Nowhere else in the home must design and function marry as harmoniously as in the kitchen. The most-used room in the house is also the one where we spend the most work and leisure time, the one that gets the most scrutiny from potential buyers and the spot where most renovation dollars get spent.
Here's a silver lining to the foreclosure crisis: There's anecdotal evidence it is leading to the improvement of older housing stock in Manteca.
The kitchen and bathroom are at the top of most home remodeling project lists. But homeowners intent on remodeling should also consider investing in the exterior of their homes - maybe even start there.
WASHINGTON (AP) - A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month.
Summer is finally here, and with warmer temperatures and longer days, it's the perfect time to brighten up your home with a few outdoor painting projects. You can add the right amount of color and increase your curb appeal in just one weekend, leaving you the rest of the season to enjoy the finished product.
LOS ANGELES (AP) - Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales of bank-owned homes fell.
WASHINGTON (AP) - Congress has given itself two more months to come up with long-term solutions for the debt-burdened federal program that provides insurance for homes and businesses in areas subject to flooding.
DEAR BENNY: You frequently write about the stepped-up basis when a property is inherited. In today's market, however, you may find the reverse situation.
Wood is one of the oldest building materials we know, and one of the most beloved. It's a love affair that has lasted - like hardwood itself - through the centuries, from the log cabins of earliest America into the early 21st century.
Window boxes overflowing with blooms, decorative pots lining the driveway with striking colors, and even a flowering vine climbing up the mailbox - the growing season have arrived, and it is time to decorate the landscape.
ST. LOUIS (AP) - Foreclosed homes typically sell cheap, but just how cheap is surprising some buyers in the St. Louis area.
LUBBOCK, Texas (AP) - No one's talking about giving intelligence tests, but researchers say they've shown that plants have smarts - the sort needed to help them survive dry times.
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.