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US long-term mortgage rates hit new lows; 30-year at 2.65%

WASHINGTON — U.S. long-term mortgage rates declined this week to new record lows for the first week of 2021.The year opens against the continuing backdrop of damage from the coronavirus pandemic on the U.S. and global economies, which suppressed home loan rates through most of 2020.Mortgage ...

Cities helping renters get right to lawyers in housing court

WASHINGTON — As the economic effects of the coronavirus pandemic stretch into 2021, millions of U.S. renters are bracing for the possibility of having to show up in housing court to avoid getting evicted. But unlike their landlords, only a small fraction of them will do so flanked by an ...

US home prices rise at fastest pace in more than 6 years

WASHINGTON — U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number of available properties for sale to record lows.That combination of strong demand and limited supply pushed home prices up 7.9% in October compared with 12 ...

US home contract signings at record levels in November

SILVER SPRING, Md. — The number of Americans who signed contracts to buy homes declined last month, but was still a record high for November when a seasonal slowdown traditionally seeps into the real estate market.The National Association of Realtors said Wednesday that its index of pending ...

How to stay motivated to finish

With 2020 coming to close many people are setting New Year’s resolutions for 2021. It’s a time where we reflect on the past year and set goals for tasks and habits to improve in the coming year.If you’re one of those blessed people who finishes everything consistently, stop reading. ...

Simple ways to save on heating costs this winter

Comfort takes center stage each winter. As people look to stay warm, many may be quick to turn up the thermostat so their entire home is toasty warm. But much like cranking air conditioners during the dog days of summer, turning up the thermostat each time the winter winds begin blowing can ...

Benchmark U.S. 30-year mortgage drops to record low 2.66%

WASHINGTON — U.S. long-term mortgage rates dropped this week to a record low for the 16th time in 2020, reflecting an economy hard hit by the coronavirus pandemic.Mortgage giant Freddie Mac said Thursday that the average rate on the benchmark 30-year fixed-rate home loan slipped to a record ...

Nov. existing home sales fall 2.5%, following record summer

CHARLOTTE, N.C. — The market for existing homes cooled slightly in November, the National Association of Realtors said Tuesday, after climbing through the late spring, summer and early fall despite the pandemic.Existing home sales fell 2.5% between October and November on a seasonally ...

Right at Home: Resetting for a new year with soothing decor

After an anxiety-filled 2020 and during the continuing pandemic, many of us are looking to our homes for nearly everything: a place to work, study, sleep, eat, exercise. And don’t forget unwind.Homes these days can offer calm and relaxation, designers say. Whether that means a decor refresh ...