Home

My Home

U.S. Mortgage Rules Revised

Wed, 19/12/2007 - 22:04 by Abhishek Garg

Efforts by Federal Reserve to modify the mortgage rules and to stop the unnecessary feuds in the mortgage business has got a mixed response from the various sections of the society.

Greenspan wants Government to Rescue Foreclosure Affected Homeowners

Mon, 17/12/2007 - 15:59 by Gaganjot Singh

U.S Federal Reserve, former chairman, Alan Greenspan, said on Sunday that direct financial assistance should be provided by the government to homeowners who are jeopardized by foreclosure in the deteriorating credit crisis.

New home sales show slight gain

Fri, 30/11/2007 - 17:33 by MT Bureau

Washington, D.C. -- New-home sales registered a small gain in October but prices tumbled, the U.S. Commerce Department said Thursday.

MarketWatch said builders helped boost sales of new homes by slashing October prices at the fastest pace in 26 years.

Demand over the past year was down 24 percent, government data indicated.

Sales rose 1.7 percent to a seasonally adjusted annual rate of 728,000 in October from a revised 716,000 in September, which was a 11-year low.

--
Copyright 2007 by United Press International.

The Easy Path to Home Ownership

Wed, 21/11/2007 - 12:40 by Dan Caplinger

The way things are going, you'd think that by this time next year no one in America will still own a home.

Yes, housing markets have slowed. Sure, plenty of borrowers got burned by overextending themselves in hope of cashing in on the housing boom. Homebuilders like D.R. Horton (NYSE: DHI) and Pulte (NYSE: PHM) have to offer incentives to coax buyers out of the woodwork. But does that mean people will stop buying houses? Is this the end of the American dream of home ownership?

Protect Yourself Amid the Mortgage Mess

Wed, 24/10/2007 - 16:24 by Mary Dalrymple

It's a scary time to be shopping for a new home. Whom can you trust? When it comes to the meltdown in the mortgage industry, there's more blame flying around than there are mosquitoes on a Wisconsin lake.

When Your Home Is Not Your Castle

Thu, 18/10/2007 - 17:01 by Dan Caplinger
Shopping for a new home brings out your creative side. As you look at promising prospects, you see not just what's in front of you, but also what a property might look like after you add your own personal touches to it. In your mind, you might paint those drab gray walls a nice bright yellow, rip out those ugly bushes in the front yard, and think about big renovations.

Which Homes Should You Look At?

Thu, 18/10/2007 - 16:47 by Selena Maranjian
If you were to look for a new home to buy today, how would you decide what price range to consider? Here are some formulas you might consider:

Do Homeowners Deserve a Bailout?

Thu, 27/09/2007 - 14:38 by Dan Caplinger
From Wall Street to Main Street, lots of people are asking for help. So far, the government's response has been very positive: "Ask, and you shall receive."

Reduce Your Energy Costs

Sat, 22/09/2007 - 07:51 by Selena Maranjian
Quick questions: Would you rather spend $50 on unnecessary electricity, or on a share of stock that will help provide for a more comfortable retirement? Would you rather spend $100 on an unnecessarily inefficient refrigerator, or on a night out with your loved one? These are not toughies, I think.

Improve Your Home, Save Money

Mon, 17/09/2007 - 07:37 by Elizabeth Brokamp
A few months back, just when the Washington, D.C., heat was approaching its peak, the central air conditioning in our house conked out. After a week of short-term "fixes," we concluded that we needed to shell out a few thousand dollars for a new unit. By this time, our family was very hot, cranky, and impatient (spoiled, I know).

Understanding Your Mortgage Rate

Wed, 12/09/2007 - 07:56 by Dan Caplinger
Fears of recession have the stock market reeling. But for homeowners with adjustable-rate mortgages, recent talk about possible cuts in interest rates is sparking celebrations.

No Tax Relief for Housing Woes

Fri, 31/08/2007 - 08:22 by Dan Caplinger

When you face hard times, it's natural to look for a silver lining. For homeowners who have to sell their homes at a loss, however, there's not much good news. In fact, some homeowners are getting a nasty surprise from the IRS.