Latest Home buying News

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.

Editorial Roundup: Florida

Jun. 08, 2022 14:28 PM EDT

Palm Beach Post. June 5, 2022. Editorial: Sen. Rick Scott, get to work on gun reform Who would have thought that Florida’s junior senator, Richard Lynn Scott, could be the right man to bring a gun safety measure to the U.S. Senate and rally colleagues to enact the...

Average home sale price in Alaska rose 8.9% in 2021

Jun. 06, 2022 18:37 PM EDT

ANCHORAGE, Alaska (AP) — The average home sale price in Alaska rose 8.9% last year, driven by high demand and low inventory, according to a state report. The average home price was a record $388,648 in 2021, the report from the Alaska Department of Labor and Workforce Development...