Latest Home buying News

Insider Q&A: Realtors' group Chief Economist Lawrence Yun

Jan. 17, 2022 09:14 AM EST

LOS ANGELES (AP) — The U.S. housing market had another scorcher of a year in 2021, aided by low mortgage rates, a swell of demand that outstripped supply and a rebounding job market. The supply-demand equation remains sharply lopsided heading into the spring home-buying season,...

150-year-old church sells with agreement not to tear it down

Jan. 16, 2022 10:54 AM EST

RUTLAND, Vt. (AP) — A 150-year-old church has been purchased in Rutland with a clause preventing the building from being torn down, according to the reverend of the First Baptist Church. The sale to an unnamed buyer earned the congregation $20,000 to help find a new home, with some...

Chinese city Xi'an lifts some restrictions after lockdown

Jan. 16, 2022 08:56 AM EST

BEIJING (AP) — The Chinese city of Xi’an has gradually begun lifting restrictions after over three weeks of lockdown, as authorities sought to stamp out a local outbreak before the Beijing Winter Olympic Games are due to start. State-owned broadcaster CCTV reported Sunday that...

Wounded Indiana Marine will receive donated custom home

Jan. 16, 2022 00:12 AM EST

ATTICA, Ind. (AP) — The streets of Attica echoed with sirens as a fleet of first responder vehicles escorted Marine LCpl. Bryan Chambers to West Mill Social Hall. Outside of the community center, dozens stood holding flags anticipating their guests of honor to arrive. ...

High-profile Baltimore prosecutor Marilyn Mosby indicted

Jan. 13, 2022 22:49 PM EST

BALTIMORE (AP) — A federal grand jury indicted Baltimore’s top prosecutor Thursday on charges of perjury and making false mortgage applications in the purchase of two Florida vacation homes, the Office of the U.S. Attorney for the District of Maryland said. The four-count...

US average long-term mortgage rates jump; 30-year now 3.45%

Jan. 13, 2022 10:09 AM EST

SILVER SPRING, Md. (AP) — Average long-term U.S. mortgage rates jumped again this past week, reaching their highest level since March 2020, just as the coronavirus pandemic was breaking in the U.S. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark...

Ex-hedge fund CEO enters topsy-turvy Senate GOP primary race

Jan. 13, 2022 07:06 AM EST

HARRISBURG, Pa. (AP) — After several months of positioning himself to run, ex-hedge fund CEO David McCormick is entering Pennsylvania's campaign for U.S. Senate, bringing a glittering resume and high-level connections across government, finance and politics to a topsy-turvy GOP primary field in...

Arkansas gets 211,000 at-home COVID-19 tests for residents

Jan. 11, 2022 13:12 PM EST

LITTLE ROCK, Ark. (AP) — Arkansas has received the first 211,000 of the 1.5 million rapid COVID-19 tests it has bought for residents to use, Gov. Asa Hutchinson's office announced Monday. In a statement, the governor's office said the state would begin distributing the tests...

EXPLAINER: Where are the COVID-19 tests that Biden promised?

Jan. 08, 2022 00:21 AM EST

WASHINGTON (AP) — President Joe Biden announced last month that the federal government will buy half a billion COVID-19 rapid test kits and distribute them free to people to use at home. But despite high public demand for tests, it will still be several more weeks before these kits are available...

EXPLAINER: Where are the COVID-19 tests that Biden promised?

Jan. 07, 2022 18:07 PM EST

WASHINGTON (AP) — President Joe Biden announced last month that the federal government will buy half a billion COVID-19 rapid test kits and distribute them free to people to use at home. But despite high public demand for tests, it will still be several more weeks before these kits are available...