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.
Did you ever watch a home improvement show team transform a drab room into something spectacular using a shoestring budget and less time than it takes you to clean out your closet? Ever wonder how they did it? Here's the secret: they cheat. And you can too.
Oakwood Shores 2.0 isn't simply an upgrade of the initial gated lakefront community that took major nosedive during the collapse of the housing bubble.
Warmer temperatures, green grass and increased daylight help shake off the winter blues and inspire home and yard improvements to spruce up your surroundings.
Beat the winter blues by taking the first steps to create a summer backyard oasis. By preparing now, you'll be ready to install - and enjoy - a dream deck once warmer weather arrives.
Every garden is filled with them: millions of unseen weeds. They are dormant seeds that lurk just below the soil surface, ready to spring to life with just the briefest exposure to light. Weeds can choke a garden, robbing it of space, nutrients and water. Allowing weeds to mature compounds the problem, as they are naturally prolific seed producers. They grow aggressively and can be tough to get rid of, because pulling weeds brings more weed seeds to the surface.
LOS ANGELES (AP) - The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast issued Wednesday by the chief economist of a homebuilding industry trade group.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage stayed at a record low this week, providing some added incentive for those looking to buy a home or refinance.
DEAR BENNY: We are getting ready to close on a home and there is a settlement fee of $685 for lender's title insurance and $683 for owner's title insurance. Must we pay both fees? --Phyllis
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.