LUBBOCK, Texas (AP) - Texans watched disaster unfold slowly last year as a historic drought took a withering toll across the region.
JEFFERSON CITY, Mo. (AP) - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.
The economic recovery was once again reinforced last week with the majority of data continuing to point towards growth. Retail Sales rose a solid .7% showing that consumers are continuing to increase spending long after the holiday season has ended.
WASHINGTON (AP) - The housing market is flashing signs of health ahead of the spring-buying season.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the 12th straight week, keeping home-buying and refinancing attractive for those who can qualify.
DEAR BENNY: I am 74 and recently have been contemplating paying off my condo mortgage. The remainder of the mortgage is $98,000 at 6 percent. Can you help me through this? On the surface it seems like a good idea, but I'm not aware of all the particulars. I am in good health and will not need the $98,000 in the near future. --Dee Dee
WASHINGTON (AP) - The Federal Housing Administration could run out of money over the next year and require a $700 million cash infusion from the Treasury Department to stay afloat, according to the Obama administration's budget request sent Monday to Congress.
WASHINGTON (AP) - The number of Americans at risk of foreclosure is declining, as more homeowners climb out of debt and find steady work.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance.
WASHINGTON (AP) - U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins.
WASHINGTON (AP) - Construction of single-family homes cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come off the sidelines.
LOS ANGELES (AP) - Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders sorted out foreclosure-abuse claims.
DEAR BENNY: My wife and I closed on a short-sale house in Florida back in 2010. We paid "in full" the homeowners and flood insurance even before we took title to the property. Once we became the owner of the property, confusion started when the insurance agent apparently (and incorrectly) advised the lender that we did not have the necessary insurance coverage.
The big headline announced this month is the $26 settlement reached between the nation's five largest banks and 49 state attorney generals. The settlement is to compensate and assist homeowners that have been either foreclosed on improperly, or homeowners that owe significantly more than the value of their home.
Rent vs. own? More Americans are wrestling with that question as the economy continues its slow recovery. Even though homes are selling at record lows, many Americans are choosing to rent instead, maintaining their mobility and financial flexibility until the economy, as well as their job prospects, improve.
GRANBURY, Texas (AP) - The sign in front of the historic Brazos Drive-In says "closed."
Renew. Rejuvenate. Reinvigorate. The same objectives people have when making their personal New Year's resolutions can be just as easily be applied to their homes. There's no better time to give a home a fresh look, whether it's incorporating a new color palette, adding accessories, repurposing furniture or putting something interesting up on the walls.
Remodeling trends come and go, which is a good thing if you're talking about shag carpet or avocado-colored Formica. But some trends have both staying power and universal appeal, such as the strengthening movement toward homes that are more energy efficient and eco-friendly.
Q: We purchased a home in northern Indiana and are trying to sell our other home in Indianapolis.
WASHINGTON (AP) - Average U.S. rates for fixed mortgages changed little this week.
WASHINGTON (AP) - U.S. home construction slowed in December but ended 2013 with the best showing since the housing bubble burst.
Hey Real Estate Boys; It's a pleasure to be able to ask for your guidance. I have heard there are a lot of changes coming in 2014 as to lending. Can you Boys help me understand what changes are here now that we're in January? Also, let's hope the 49ers beat the Seahawks and are heading to another Bowl appearance. GO '9ERS.
NEW YORK (AP) - U.S. homebuilders lost a little confidence in the housing market this month but remain generally upbeat ahead of the spring home-selling next season.
WASHINGTON (AP) - House Speaker John Boehner said Thursday that the GOP-controlled House won't take up legislation aimed at neutering a 2012 overhaul of the federal flood insurance program that is hitting homeowners with big premium hikes.
DEAR BENNY: I am having problems with my mortgage. I fell on some hard times lately and fell behind on my mortgage payments. My mortgage lender has been dragging this out for over a year. I have been set up on two separate trial payments and made them both with no problem. Now my loan has gone into foreclosure. The lender keeps telling me that I am under review. Can you tell me what options I have to try to keep my home? --Hodges
SAN DIEGO (AP) - California home prices rose in December while tight inventories kept a lid on sales, a research firm reported Wednesday.
WASHINGTON (AP) - Average U.S. rates for fixed mortgages declined this week, edging closer to historically low levels.