Real Estate

FILE- In this Feb. 21, 2019, file photo a newly constructed homes sit near a sign in Natick, Mass. On Thursday, May 23, the Commerce Department reports on sales of new homes in April. (AP Photo/Steven Senne, File)
May 23, 2019 - 10:04 am
WASHINGTON (AP) — Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers. The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000...
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Former Honolulu police chief Louis Kealoha, second from right, and his former deputy city prosecutor wife Katherine Kealoha, right, walk into federal court in Honolulu on Wednesday, May 22, 2019. A trial for what has been described as the biggest corruption case in Hawaii history began Wednesday for the couple, who are accused of conspiring to frame Katherine Kealoha's uncle for a crime he did not commit. The Kealoha's were indicted on charges including conspiracy and obstruction. Federal authorities began investigating the two in 2015 and both stepped down from their jobs as the probe deepened. (AP Photo/Caleb Jones)
May 22, 2019 - 10:29 pm
HONOLULU (AP) — The former Honolulu deputy prosecutor accused of framing her uncle to keep him from exposing financial fraud that supported the lavish lifestyle of her and her husband -- a now-retired city police chief -- comes from a big family with complicated relationships, her defense attorney...
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FILE - In this Jan. 4, 2019, photo a sign is displayed outside a house for sale in Pittsburgh's Lawrenceville neighborhood. On Thursday, May 16, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic, File)
May 16, 2019 - 12:04 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage eased to 4.07%...
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FILE- In this Feb. 17, 2019, file photo rows of unsold 2019 Escape sports-utility vehicles sit in long rows at a Ford dealership in Broomfield, Colo. On Wednesday, May 15, the Commerce Department releases U.S. retail sales data for April. (AP Photo/David Zalubowski, File)
May 15, 2019 - 10:01 am
WASHINGTON (AP) — U.S. retail sales declined last month as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March. Car sales dropped 1.1% last month and sales at...
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May 15, 2019 - 2:59 am
BERLIN (AP) — Official figures show that the German economy returned to growth in the first quarter of 2019 on the back of solid consumer spending and a construction boom in Europe's largest economy. The Federal Statistical Office reported Wednesday that the country's economy grew by 0.4% in the...
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FILE - This Jan. 14, 2019, photo, shows a sign outside a home that has been sold, in Mount Lebanon, Pa. On Thursday, May 9, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Gene J. Puskar, File)
May 09, 2019 - 12:20 pm
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage fell to 4.10% from 4.14% last week. By...
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FILE- In this Feb. 21, 2019, file photo a recently constructed home, left, is reflected in water, in Natick, Mass. Before squeezing every last nickel into a down payment on a home mortgage, set some cash aside to handle unexpected expenses after the closing. (AP Photo/Steven Senne, File)
April 25, 2019 - 10:01 am
Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly. But putting too much down could leave you without enough cash for home maintenance — or anything else. Pinpointing the right...
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April 24, 2019 - 4:34 pm
NEW YORK (AP) — President Donald Trump's prison-bound former lawyer candidly told actor Tom Arnold last month that he pleaded guilty to some crimes he didn't commit so his wife wouldn't "get dragged into the mud of this crap." Michael Cohen told Arnold "they had me on campaign finance" for...
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FILE - In this Feb. 21, 2019, file photo a sign is posted near a newly constructed home in Natick, Mass. On Tuesday, April 23, the Commerce Department reports on sales of new homes in March. (AP Photo/Steven Senne, File)
April 23, 2019 - 11:34 am
WASHINGTON (AP) — Sales of new U.S. homes increased 4.5% in March, the third straight monthly gain as the housing market appears to be cautiously recovering from a mortgage rate spike last year that caused homebuying to slump. The Commerce Department said Tuesday that new homes sold at a seasonally...
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FILE - In this April 12, 2019, file photo trader Steven Kaplan works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, April 22. (AP Photo/Richard Drew, File)
April 22, 2019 - 1:43 pm
Major U.S. stock indexes drifted sideways in afternoon trading Monday as a rally in energy companies was mostly held in check by broader declines elsewhere in the market. Energy sector stocks climbed along with the price of crude oil, which surged after the U.S. government moved to further block...
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