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Existing Home Sales Plummet In July; Home Buyers Gain Leverage

The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.

Bank Mortgage Lending Policies Appear To be Easing

According to the Federal Reserve’s quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It’s a huge departure from just 2 years ago when the mortgage industry was facing its first wave of challenges.

How To Re-Grout And Caulk Bathroom Tiles

In this 2-minute video, you’ll learn how to clean the existing grout in your shower and to prepare for a new coating. You’ll also learn how to replace its caulk.

Mortgage Rates Make New Lows For The 9th Week In A Row

Mortgage rates are (again) at their lowest levels in history.

How Much Should You Expect To Pay In Mortgage Closing Costs?

How much does a mortgage cost? The answer depends on where you live. But no matter which your locale, chances are strong that you’ll pay more for a mortgage in 2010 as compared to 2009.

Single-Family Housing Starts Fade In July

Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.

Home Builder Confidence Falls Again; Home Buyers Gain Leverage?

After reaching a 3-year high just 90 days ago, the National Association of Homebuilders’ Housing Market Index is now at a multi-year low after falling by almost half.

How To Unclog A Sink That Won’t Respond To Drano

Sometimes, a backed-up sink is too big of a job for a bottle of Drano. To clear the clog, you have to get your hands dirty. But what do you do? This quick, 2-minute video from Lowe’s is an excellent tutorial.

Higher (And Lower) FHA Mortgage Insurance Premiums Start October 4, 2010

Beginning with FHA case numbers issued on or after October 4, 2010, the FHA is changing its upfront and annual mortgage insurance premium structures.

How Big Is The Foreclosure Market? It Depends On Where You Live, Of Course.

Foreclosure filings rose 4 percent nationwide last month versus June, according to foreclosure-tracking firm RealtyTrac.com. For the 17th straight month, total filings topped 300,000. 6 states dominated activity levels.