Borrowers will likely see an increase in mortgage costs next spring, particularly those who don’t have a sizable down payment or have less-than-perfect credit scores.
____________________________________________________________________________________
Construction of single-family homes and apartments in November rose to a seasonally adjusted annual rate of 1.09 million, a 23 percent increase over October’s pace and the fastest growth since February 2008.
____________________________________________________________________________________
The Fed’s bond-buying program has helped keep interest rates low, but it said this week that it’s time for the program to come to a gradual end.
____________________________________________________________________________________
The California Supreme Court is ordering three paint companies to clean up hazards from lead paint used decades ago in hundreds of thousands of homes in the state.
____________________________________________________________________________________
Foreclosures are falling, but they still remain a problem in some pockets across the country.
____________________________________________________________________________________