Housing
121 results total, viewing 61 - 70
The verdict was nearly unanimous at a recent hearing on Capitol Hill: The new federal “ability to repay” and “qualified mortgage” regulations that took effect Jan. 10 will make obtaining credit tougher, not easier, this year, and potentially force large numbers of credit-worthy homebuyers to defer or cancel their plans. more
The homeownership rate in the U.S. declined in the fourth quarter as higher borrowing costs and tight credit blocked many first-time buyers. more
Higher mortgage rates for 2014? Count on it. Could this be the year to check out hybrid mortgages, which haven’t been popular lately? Maybe. more
Waterfront development gets all the attention in East Providence, but the latest large residential project approved by the city would rise from the woods and subdivisions near the Massachusetts line. more
An important resource for first-time and other homebuyers who find themselves in unfair competition with deep-pocket investors bearing cash just got better: The two biggest players in the mortgage market, Fannie Mae and Freddie Mac, are now giving noninvestor shoppers 20-day exclusive rights to bid on and buy new listings they are selling. more
The biggest story in American real estate in 2013 hasn’t gotten the attention it deserves, so let’s shout this out: Homeowners’ net equity holdings soared by $2.2 trillion between the third quarter of 2012 and the third quarter of this year, according to new data collected by the Federal Reserve. more
When the sea comes in and washes through your house, it’s a disturbingly clear message that it’s time to elevate. more
The last time a mansion at 339 Ocean Avenue in Newport changed hands, in 2004, it was known as Avalon and set a record for a Rhode Island single-family residential sale at $10.3 million. more
For one of the least productive congressional sessions in modern history, the final word about tax reform last week was entirely in character: Nothing’s happening. more
Why have many of the local housing markets that were hit hardest during the bust – especially in California – bounced back so vigorously and quickly, with prices close to or exceeding where they were in 2005 and 2006? more
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