Finance » Real Estate

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Edith Wharton Home Finally Debt Free

Oct 2
Author Edith Wharton's historic Massachusetts home is finally debt-free, seven years after defaulting on a loan and nearly shutting its doors.

P-Town Home Buying Tips From Coldwell Banker Pat Shultz Real Estate

By Matthew Wexler | Oct 1
A weekend in Provincetown can turn into a lifetime with some careful planning and expert insights from Coldwell Banker Pat Shultz Real Estate.

Despite Indications, Fed Holds Firm on Interest Rates

Sep 18
CBS News' Anthony Mason explains the latest move by the Federal Reserve, which held off from raising interest rates for now.

Average US Rate on 30-Year Mortgage Inches Up to 3.9 Pct

Sep 15
Average long-term U.S. mortgage rates inched up this week as financial markets awaited the Federal Reserve's crucial decision next week on interest rates.

Why Chefs are Leaving New York

Sep 15
Chefs like Gavin Kaysen tell Grub Street why they are leaving New York. Kaysen is opening a restaurant in his hometown, Minneapolis.

Drilling Boom Means More Harmful Waste Spills

By John Flesher | Sep 9
There is a side effect of oil and gas production that has worsened with the past decade's drilling boom: spills of wastewater that foul the land, kill wildlife and threaten freshwater supplies.

Fed Report Shows Autos and Housing Fueling US Growth

By Martin Crutsinger | Sep 5
While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.

Average US Rate on 30-Year Mortgage Drops to 3.84 Pct

Sep 1
Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China.

Key Factors to Consider on Interest-Only Mortgages

By Alex Veiga | Aug 28
The loans can lower monthly mortgage payments by letting borrowers put off paying the principal on their loan for several years. When the interest-only period ends, the borrower's monthly payment spikes.

Boomerang Home Buyers Poised to Return to Market with a Roar

By Tamara Lush | Aug 25
Seven years after the real estate bust, many who lost their homes have rebuilt their credit and are back in the market. Experts say these boomerang buyers will be an important segment of the real estate market in the coming years.

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