WASHINGTON (AP) - An index that tracks the number of signed contracts to buy U.S. homes rose to its highest level in nearly two years last month, the latest sign the battered housing market is slowly improving.
Gee, it has been a while since we had a week like this on the economic front. With the exception of mortgage rates declining slightly, and the retail sales report coming in better than expected, the bulk of the economic data and market news this week has been pretty disconcerting.
April 26, 2012|
By DEBORAH ROMERO
Special to the Bulletin
DEAR BENNY: My mother has a reverse mortgage on her home, taken out after my father died when as the survivor her name alone was on the title. The usual terms of the reverse mortgage apply, including the acceleration clause upon death or removal from the home.
April 26, 2012|
By BENNY L. KASS
If you added a pool to your home in the past few years, or moved into a house with an existing pool, you may wonder what more you can do to enhance the value and enjoyment your pool brings to your home and family. You may even think there's not much you can do beyond keeping it clean and well maintained.
SACRAMENTO (AP) - The Legislature started moving ahead Thursday with bills intended to protect homeowners in the foreclosure process, setting up a potential showdown between the state attorney general and mortgage lenders.
DEAR BENNY: In December 2007 I purchased a one-bedroom unit on the top floor in a mixed-income development. Nearly seven months ago, management ran a water test on the roof that resulted in water flowing into my unit, as well as both structural and personal damage to my ceiling and possessions.
For many people, the onset of spring and summer is the ideal time to take on a home improvement project. Paint is a popular choice for those looking to freshen up their space, given that it is an easy, economical activity and a fun way to make a dramatic difference.
NEW YORK (AP) - Earnings reports from two major banks painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low interest rates to refinance.