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Consumer News and Advice Archive


Your Place: Odors from the Air Conditioner

(MCT)—Question: Over the last month, after running the air conditioner in my son’s room, we noticed that it smelled like an ashtray. ...


A $1,000 Increase in Home Prices Keeps More than 200,000 Households Out of the Market

Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB). ...


Timing Is Key when Selling a Business

(MCT)—Sometimes the owner of a business has no choice but to sell a thriving enterprise, such as in a divorce, the splitting of a partnership or the death of a major shareholder. ...


What to Expect when Looking at Las Vegas Real Estate

Regional Spotlight—Home ownership is a dream that’s made even sweeter for some people by the thought of having a brand new home built. When it comes to buying homes in Las Vegas, there’s something available that will fit every budget, lifestyle and taste imaginable. Here are a few things you ...


Five Housing Trends for Summer

(MCT)—It may still be hard to find the home of your dreams with the limited inventory for sale. But at least when it comes to getting a mortgage, you might have more options as lenders loosen some of their standards. ...


Living Smart: House Cleaning Means the Exterior, Too

(MCT)—House cleaning isn’t just an inside job. Your siding, driveway and garage floor get dirty, too. And just as a freshly cleaned car seems to drive better, a spic-and-span exterior feels great to come home to. ...


For Your Client: Mold Prevention and Control

Mold is a common occurrence in homes, but it can potentially cause health problems as well as damage to structures and surfaces if it is not controlled. Mold begins growing indoors when spores come in contact with wet surfaces or substances. Once ...


Down Payments Go Up for First-time Buyers

Fewer first-time homebuyers are finding a way to buy a house with a relatively low down payment as their options shrink and lenders’ down payment requirements rise. ...


Hot Property: Akon Produces a Dazzling Flip in Woodland Hills

(MCT)—Akon, the R&B and hip-hop singer and producer, has put his ultra-modern home in Los Angeles’ Woodland Hills neighborhood up for sale at $3.5 million. ...


Vacationers Should Watch out for Potential Scams

(MCT)—Vacation. It’s supposed to be a time to kick back and relax, but if you’re traveling, there can be a lot of stress, from finding the best deal when making the hotel reservations, to getting to and waiting at the airport and ...


Seven Is the New Eight when It Comes to Sleep

(MCT)—Suddenly we’re all talking about sleep—how little we get, how badly we do it. When did something so natural, a simple act we usually take for granted, become such a problem? ...


All Families Need to Have the Financial ‘Talk’

(MCT)—It’s the conversation that many families put off. And then put off some more. ...


The Top 10 Affordable Purchase Markets for Aspiring Millennial Homebuyers

First-time homebuyers have been largely absent from the housing market in the current economic recovery, but some metropolitan areas—particularly in the Midwest and West—are well positioned to see increases in home-buying from the Millennial generation in upcoming years, according to new ...


Home Sales Expected to Accelerate

After a slow start this year, home sales are predicted to play catch up for the remainder of 2014, according to the Freddie Mac U.S. Economic and Housing Market Outlook for July. The report showed mixed data results for the ...


30-Year-Fixed Mortgage Rates Slide for Second Week in a Row

The 30-year fixed mortgage rate on Zillow Mortgages dropped eight percentage points from this time last week, landing at 3.97 percent. The 30-year fixed mortgage rate hovered between 3.96 and 4.08 percent for the majority of the week, before settling at the current rate on Tuesday. ...


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