Latest Home buying News

Parade shooting suspect bought 5 weapons despite threats

Jul. 06, 2022 01:42 AM EDT

HIGHLAND PARK, Ill. (AP) — A man charged Tuesday with seven counts of murder after firing off more than 70 rounds at an Independence Day parade in suburban Chicago legally bought five weapons, including the high-powered rifle used in the shooting, despite authorities being called to his home...

With no fuel and no cash, Sri Lanka keeps schools closed

Jul. 03, 2022 20:32 PM EDT

COLOMBO, Sri Lanka (AP) — Cash-strapped Sri Lanka on Sunday extended school closures for one week because there isn't enough fuel for teachers and parents to get children to classrooms, and the energy minister appealed to the country's expatriates to send money home through banks to finance new...

Houston man gets life in prison after fatally shooting 3 men

Jun. 26, 2022 12:42 PM EDT

HOUSTON (AP) — A Houston man has been sentenced to life in prison for shooting four men, including three who were killed, in the aftermath of a drug deal gone bad, according to prosecutors. A jury in Harris County last week found Joshua Kelsey, 37, guilty of three counts of murder...

GOP Sen Collins puts her Bangor home up for sale

Jun. 21, 2022 17:32 PM EDT

BANGOR, Maine (AP) — U.S. Sen. Susan Collins and her husband are putting their Bangor home that has been the site of recent protests on the market. Collins and Thomas Daffron bought the 4,250-square-foot house on West Broadway in 2013, a year after they married, and they've made a...

Home sales give way as prices enter unprecedented territory

Jun. 21, 2022 11:14 AM EDT

Sales of previously occupied U.S. homes slowed for the fourth consecutive month as climbing mortgage rates and record high prices discouraged house hunters. Existing home sales fell 3.4% last month from April to a seasonally adjusted annual rate of 5.41 million, the National...

Average US mortgage rates jump by most in 35 years

Jun. 16, 2022 10:22 AM EDT

WASHINGTON (AP) — Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve this week raising its key rate by three-quarters of a point in bid to tame high inflation. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate...

This is how a higher Fed rate could affect your finances

Jun. 15, 2022 16:46 PM EDT

WASHINGTON (AP) — Record-low mortgages are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally see a noticeable return. The unusually large t hree-quarter point hike in its benchmark short-term rate that the Federal Reserve announced...

Home of 1913 US Open champ Ouimet restored for golf history

Jun. 15, 2022 01:30 AM EDT

BROOKLINE, Mass. (AP) — If any of the golfers in the U.S. Open are still looking for a place to stay this week, there’s a house available across the street from The Country Club and the location isn’t even the best part. The 1887 three-bedroom, 1½ bath was the boyhood home of...

Automakers ask Congress to lift electric vehicle tax cap

Jun. 13, 2022 14:30 PM EDT

NEW YORK (AP) — Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle. Currently the number of tax credits allowed is capped at 200,000 per company. General Motors and Tesla have already reached...

House votes to set minimum age of 21 for buying semi-automatic weapons in response to Buffalo, Uvalde shootings

Jun. 08, 2022 18:11 PM EDT
WASHINGTON (AP) — House votes to set minimum age of 21 for buying semi-automatic weapons in response to Buffalo, Uvalde shootings.