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Consumer News and Advice Archive


U.S Regulators Ready for Relaxed Mortgage Rules

Later this week, after several years of back-and-forth debate, U.S. regulators are finally set to finalize a more relaxed set of mortgage standards. This new set of rules will be a win for the real estate industry, with the projected agreement much more ...


Seven Must-Dos for First-Time Homebuyers

(MCT)—Buying your first home can be nerve-wracking. As a first-time homebuyer, you will navigate a process that might include uncertainty, excitement, confusion and frustration. ...


Why Boomerang Kids Bounce Back

Not only are the numbers of young people over 18 who live with their parents reaching unprecedented numbers, higher than previously assumed, they are not necessarily moving out when their financial situations improve, a according to a new study by Federal Reserve economists that may have important ramifications for housing ...


Your Place: Multiple-glazed Windows Help Fight Condensation

(MCT)—I know I’ll be getting this question at least once as cooler weather sets in, so here’s an explanation of window condensation, courtesy of Tom Herron of the National Fenestration Rating Council. ...


30-Year Fixed Mortgage Rates Plunge to Lowest Rate in 16 Months

The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.81 percent, down fifteen basis points from this time last week. The 30-year fixed mortgage rate dropped ...


Hot Property, Athletes Edition: Preseason Adjustment for Kobe Bryant

(MCT)—As the Los Angeles Lakers continue to fine-tune the team this preseason, star player Kobe Bryant has made a tweak of his own, adjusting the price on his Newport Coast home to slightly under $7.6 million. ...


20 Best Cities for Trick or Treating

Gather around you spooky ghosts and cackling witches: The best locations for scoring Halloween loot in 2014 are secret no more! Every year, the candy-loving data heads at Zillow team up to find the top 20 cities around the country ...


More American Households Doubling Up as Rents Rise

An increasing number of American adults are moving in together to share expenses as rental rates continue to outpace income, according to a new Zillow analysis. ...


Starter Homes: How and Where to Find Them

(MCT)—First-time homebuyers might well wonder: Where are all the starter houses? ...


Keep Your Edge at Work with ‘Rookie Smarts’

(MCT)—Great news for people who have no idea what they’re doing at work: Your cluelessness may be giving you a competitive advantage. ...


Scary Things to Avoid when Buying a Home

Fall is here and even though some home sellers take their listings into hibernation, motivated sellers keep their homes on the market through the Holidays. So in honor of Halloween, RE/MAX compiled some the scariest things that homebuyers should avoid. The following mistakes ...


Home Equity Lines of Credit Jump 21 Percent through First Half of 2014

RealtyTrac® (www.realtytrac.com), a leading source for comprehensive housing data, has released its first-ever U.S. Home Equity Line of Credit Trends Report, which found that in the 12 months ending June 2014 a total of 797,865 Home Equity Lines of Credit (HELOCs) were originated nationwide, up 20.6 percent from ...


Millennials to the Front

Millennials sometimes get a bad rap. The generation born roughly between 1982 and 2005 has been called everything from ‘lazy’ to ‘entitled.’ Some say they never grow up or move out of their parents’ basements and blame them for the lack of a ...


Consumer Confidence Remains a Hardship on Stabilizing Market

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through September 2014. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and ...


Hot Property: A West Coast Kennedy Colony

(MCT)—OK, so it’s not the six-acre Kennedy compound in Hyannis Port, Mass., but the recently minted Mr. and Mrs. Robert F. Kennedy Jr. (a.k.a. actress Cheryl Hines) have bought a compound in Malibu ...


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