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Why saving energy matters

As we celebrated Earth Day this past week, we think more about moving to greener energy sources. We might be tempted to consume just as much or more energy. But minimizing energy consumption is still vital to our survival: both ours and the planet’s.Here are four main reasons why saving ...

Sales of new homes plunged 18.2% in February

WASHINGTON — Sales of new homes plunged 18.2% in February as severe winter weather in many parts of the country and a lack of supply took a toll on the housing industry.Sales of single-family homes dropped to a seasonally adjusted annual rate of 775,000 last month, the Commerce Department ...

US 30-year mortgage rates jump to 3.17%, highest since June

McCLEAN, Va. — U.S. long-term mortgage rates jumped to their highest level since June, though still remain near historic lows.Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year fixed-rate home loan rose to 3.17% from 3.09% the previous week. One year ago, the ...

Existing US home sales fell in February, while prices rose

Sales of previously occupied U.S. homes slowed last month as rising prices and a dearth of homes for sale kept some would-be buyers on the sidelines.The National Association of Realtors said Monday that existing homes sales in February fell 6.6% from January to a seasonally-adjusted rate of ...

Hot housing market fuels a rise in homeowners’ equity

LOS ANGELES — The red-hot U.S. housing market is paying off for many homeowners, even those who aren’t looking to sell their home.On average, homes with a mortgage gained $26,300 in equity in the last three months of 2020 versus a year earlier, according to real estate information company ...

US long-term mortgage rates edge higher; 30-year at 3.09%

WASHINGTON — U.S. long-term mortgage rates continued to edge higher this week as the benchmark 30-year loan stayed above the 3% mark. Rates remain near historic lows, however.Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year fixed-rate home loan rose to 3.09% ...

Pritzker Architecture Prize awarded to Paris-based duo

The Pritzker Architecture Prize, the field’s highest honor, has been awarded to the Paris-based duo of Anne Lacaton and Jean-Philippe Vassal for “prioritizing the enrichment of human life,” especially in the context of public housing.The selection of the French laureates, who have long ...

A homebound year has meant rethinking our rooms, belongings

In normal times, new trends in home design and home decorating bubble up simply because it’s time for something different. A few years of bold color and homeowners start painting things gray. After enough minimalism, a hunger for plaids and florals comes roaring back.But this time last year, ...

US long-term mortgage rates rise again; 30-year at 3.05%

WASHINGTON — U.S. long-term mortgage rates again rose modestly this week against the backdrop of an improving economy and further distribution of coronavirus vaccines. Rates remain near historic lows, however.The benchmark 30-year loan stayed above the 3% mark, a level it breached last week ...

Pyrex and Pink Daisies: Midcentury cookware is fab again

If you want to freshen up your kitchen, look no further than Grandma’s old casserole dishes.Vintage kitchenware is back in style – pieces from the mid-20th century painted with flowers, bright colors, and specific functions, such as bracketed chip and dip bowls or four-piece refrigerator ...