Finance » Real Estate

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Average US Rate on 30-Year Mortgage Up for 3rd Straight Week

May 18
Average long-term U.S. mortgage rates are up for the third straight week. Mortgage giant Freddie Mac says the average rate on a 30-year fixed-rate mortgage rose to 3.85 percent this week from 3.80 percent a week earlier.

Amid Drought Wild Animals Invade Urban CA Looking for Food, Water

May 15
California's historic drought is killing the food supply for the state's wildlife. And as Omar Villafranca reports, it's forcing animals from bears to coyotes to leave the hills in search of water in the big city.

First-Time Buyers Face Hurdles to Homeownership this Spring

May 15
Young people aspiring to buy their first home are already facing disappointment this year.

RX for Baltimore Economy: More Residents with Money to Spend

May 14
Compared with rival cities that have enjoyed a renaissance, Baltimore's upper-middle class remains a relatively small slice of the city. Nearly 43% of families in Washington proper earn at least $100,000, for example, compared with just 16% in Baltimore.

Why Homebuyers Face a Tough Spring

May 13
Eager to buy your first home this spring? Already own, but want to trade up? Be warned: there'll be plenty of competition.

Above the Law? Celebrity Estates Green Amid Water Restrictions

May 12
California starts restricting water use in a few weeks because of the state's devastating drought. Everyone is under orders to cut back, even celebrities who can afford to pay the fines--a new effort to spotlight big names who are also big water users.

Average US Rate on 30-Year Mortgage Rises to 3.8 Pct

May 8
Average long-term U.S. mortgage rates are up this week to the highest level since mid-March.

$100M for a Home? Luxury Buyers Reach a New Threshold

May 4
The poshest of luxury homes are acquiring the cachet of a masterwork by Picasso or Matisse.

Tesla to Expand Battery Technology to Homes, Businesses

May 1
Tesla CEO Elon Musk is trying to steer his electric car company's battery technology into homes and businesses as part of an elaborate plan to reshape the power grid with millions of small power plants made of solar panels on roofs, batteries in garages.

US Home Prices Accelerated in February as Sales Rise

By Christopher S. Rugaber | Apr 29
U.S. home prices climbed at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses.

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