Liz Weston: Will adding an accessory dwelling unit pay off?
Accessory dwelling units are known by many names: in-law suites, guest houses, backyard cottages, or basement or garage conversions, among others. What all ADUs have in…
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home selling
Average US long-term mortgage rates climb to 6.29% this week
By MATT OTT - AP Business Writer
WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest…
China’s consumer, factory activity improve but still weak
By JOE McDONALD - AP Business Writer
BEIJING (AP) — Chinese consumer spending and factory output edged up in August but still were weak, official data…
How the Federal Reserve’s rate hikes affect your finances
By CHRISTOPHER RUGABER - AP Economics Writer
WASHINGTON (AP) — Higher mortgage rates have sent home sales tumbling. Credit card rates have grown more…
California adds jobs in May; economy shows signs of weakness
By ADAM BEAM - Associated Press
SACRAMENTO, Calif. (AP) — California posted another strong jobs report on Friday as the unemployment rate fell to its…
Liz Weston: How to reduce taxes when you sell your home
If your home’s value has soared, congratulations. If you decide to sell, beware.Financial advisor James Guarino says some clients don’t realize that home sale profits are…
Numerous challenges for homebuyers this spring season
While demand for homes has remained red hot, market conditions have slowed the pace of sales nationally compared with a year ago. Below are some facts and figures that show…