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Bank of America to pay $16.65 billion over mortgages

Bank of America

Bank of America's tab for the financial crisis is now nearly $74 billion.

On Thursday, the bank reached a $16.65 billion agreement to pay the biggest settlement in history, adding to what was already a hefty bill for the bank.

The latest agreement sett...

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Mortgage rates hit 2014 low

Mortgage

Mortgage rates have dropped to their lowest level in over a year.

The average rate for a 30-year loan now stands at 4.1%, according to Freddie Mac. That matched its lowest level since June 2013, when it stood at 3.93%. The average 15-year fixed was 3....

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In some housing markets, all-cash deals still rule

For sale sign

Buying a home? You still have to compete against the big money bringing all-cash. But it's getting a little easier.

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'Fifty Shades of Grey' apartment building red hot

Fifty Shades of Grey

The "Fifty Shades of Grey" books have made British author E.L. James very rich. They have also made a certain Seattle apartment building red hot.

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Live in a multimillion-dollar home for $2,500

Calvenn and Crystena Starre

The Starres aren't movie stars, but they live like it -- for a fraction of the cost. As home managers, Calvenn and Crystena Starre rent a $1.3 million home in Carlsbad, Calif., for just $2,500 a month -- about a third of what it would cost normally.

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Mortgage closing costs soar more than 20% in some states

Homes neighborhood

Homebuyers are still landing great rates on mortgages. But thanks to tighter lending regulations, they are paying a lot more when it comes time to close on the loan.

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5 real estate tips for small business owners

For sale sign, home, house

If you are a small business owner looking to either sell or buy some property, what are the things you should consider first?

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5 ways a lawyer can help sell your home

House for sale

Even if your state does not require it, hiring a real estate attorney to represent your interests when buying a house just makes sense

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Don't buy that home without a lawyer

Home for sale

Just as you want an inspector to review a house you are buying, you should want an attorney to review the title and documents for the property.

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Back to school: Legal planning for student renters

back to school, college student moving in

As summer vacation comes to a close, the hunt for student housing begins. While renting a first home or apartment is a thrilling first step into adulthood, dealing with the legal issues associated with it can be daunting.

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