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.
Horror of horrors.
NEW YORK (AP) - There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card issuers, auto lenders and other businesses use those scores to decide whether to lend to consumers and how much interest to charge them. A higher score could get you better terms on loans for cars and homes.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year.
Would a great study space ease your child's transition from summer to school? Perhaps an awesome lounge area could convince your teens - and all their friends - that your house is the best hangout spot ever. Whatever your objectives, a few design and decorating tricks can help you create a kid-friendly space in your home.
No matter if you're an aspiring chef or TV dinner connoisseur ... if the look of your kitchen makes you want to dine out - it may be time for an upgrade. The kitchen should be the heart of your home: it's where you entertain, hold family meetings and even pay bills, so why not take it from "make-do" to "magnificent?"
Think home technology begins with your wireless, programmable thermostat and ends with the high-definition, 3-D, web-enabled flat-screen TV with surround sound? Think again - whole home technology means using leading-edge devices to improve life in every room of the house, including the bathroom.
Warm weather, continued care and robust plants have yielded a bounty of beautiful, fresh vegetables - and personal satisfaction - from your garden this season. As the weather cools and fall approaches, it is not time to hang up your hat, gloves and trowel for the year. Autumn provides optimum weather and ample opportunity to keep growing and harvesting delicious, healthy produce well into the season.
There's no better time than now to give your home the attention it deserves. Give it an annual checkup before cold weather arrives to help add comfort, save energy and cut home maintenance in the long-run.
WASHINGTON (AP) - U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market.