McLEAN, Va. – Nov. 30, 2009 – Average rates for 30-year fixed mortgages fell last week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday.
Smart Upgrades for Decks
By: Dave Toht
Published: Niovember 25, 2009
A few cost-effective add-ons can give a modest deck an edge and deliver a handsome payback should you sell your house.
Installing a Spa on Your Deck
By: Dave Toht
Published: Niovember 25, 2009
Evaluate the cost of purchasing, installing, and maintaining an outdoor spa to decide if it´s a worthwhile addition to your deck.
Evaluate Your House for a Deck
By: Dave Toht
Published: Niovember 25, 2009
Here´s how to plan a new deck that suits your property, meets your budget, and offers the best return on your investment.
Next wave of foreclosures looms
WASHINGTON – Nov. 19, 2009 – A second wave of foreclosures is poised to hit the market, potentially undermining housing recovery efforts as more homes add to the glut of inventory and drive down prices.
How to Eliminate Mold from Your Home
By: Karin Beuerlein
Published: November 18, 2009
To eliminate mold, seek a credentialed professional who understands the inspection, sampling, and clean-up process.
Holiday Lighting Safety Checklist
By: Pat Curry
Published: November 18, 2009
Before you plug in and light up for the holidays, run your decorations through this quick safety check.
6 Tips for Reducing Your VOC Exposure
By: Karin Beuerlein
Published: November 18, 2009
Volatile organic compounds (VOCs) in your home can cause chronic health problems, but they´re tough to completely eliminate. Here´s what you can do to reduce your VOC exposure.
Deduct Private Mortgage Insurance
By: Richard Koreto
Published: November 17, 2009
Homeowners who are eligible to deduct private mortgage insurance, or PMI, premiums can shave hundreds of dollars off their income tax bills.
Tax-credit extension renews buyer interest in buying a home
TAMPA, Fla. – Nov. 17, 2009 – Real estate agent Ken Brownlee’s phone stopped ringing last month once clients figured they would be unable to close before an $8,000 federal tax credit expired.
Rates on 30-year loans remain below 5%
WASHINGTON – Nov. 13, 2009 – Rates this week for 30-year home loans stayed below 5 percent for the second week in a row.
FHA rule change could benefit condo market
MIAMI – Nov. 11, 2009 – The Federal Housing Administration is giving the condo market something it hasn’t had for a while – a little breathing room.
Homebuilders hunt for land
LAS VEGAS – Nov. 10, 2009 – The housing bust left homebuilders with plenty of red ink on their books as they walked away from swaths of land they no longer needed.
Obama signs bill: Homebuyer tax credit extended
WASHINGTON – Nov. 6, 2009 – President Obama signed H.R. 3548 this morning, enacting into law an extension, and adjustment, of the $8,000 tax credit for first-time buyers. Among other things, the extension adds money for certain move-up buyers; creates one deadline for signing a contract and a later deadline for closing; changes income requirements; and limits a purchased home’s cost to $800,000.
Good sign: Business spending up
WASHINGTON – Nov. 6, 2009 – A turnaround in business spending is offering the first hint that the private sector may be prepared to drive economic growth when the government winds down its efforts to spur consumption.
Rates on 30-year loans fall below 5 percent
WASHINGTON – Nov. 6, 2009 – Rates for 30-year home loans dipped below 5 percent this week after rising for three straight weeks.
Treasury Secretary Confident in Recovery
U.S. Treasury Secretary Timothy Geithner reassured an audience of businesspeople last week that the troubled commercial real estate sector wouldn’t severely damage the rest of the economy.
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