Reuters Money

Turn home into a winter wonderland, reap profit later?

October 24, 2011

Want to kick up your feet no matter how hard the cold weather kicks its heels? With winter on the way, we examine luxury renovations ideal for cocooning. Judge for yourself whether they’re worth a set of blueprints and a stack of greenbacks.

If you want lower property tax rates, you’ve got to ask

October 3, 2011

For years, the mantra of American homeownership was to count on home appreciation. Every year like clockwork the value went up and houses were a  growing source of wealth.

Why household debt reduction could jumpstart economy

September 19, 2011

If we could move beyond the housing crisis, where would we find the seeds of a broad-based turnaround?

What new jumbo mortgage rules mean for expensive zip codes

September 8, 2011

On Oct. 1, the size of mortgages eligible for purchase by Fannie Mae and Freddie Mac will shrink. That isn’t necessarily a big deal in most parts of the country; the new lower limit of $625,500 — down from today’s $729,750 — still is big enough to cover most homes in almost all markets in the United States.

Six investment scams to avoid

September 7, 2011

Money is a powerful lure. Pretty much everyone wants more of it, and a whole lot of people want to get theirs by taking it from others. Investors are typically more savvy, but they’re targets nonetheless.

Scam artists abound after Irene: How to keep your money dry

August 30, 2011

There is something about disasters that brings out the best in people — and the worst. Along with the Red Cross and National Guard, scam artists mobilize, too. They see opportunity in people’s misfortune.

Earthquakes, hurricanes and smart insurance moves

August 26, 2011

What a week: An earthquake gave the East Coast a jolt and now a hurricane is bearing down.

High-end renovations on the back burner as economy wanes?

August 19, 2011

In 2008, Ron DeFore had dreams of putting his 3,000-square-foot basement to good use — think swank home theater system, game room, a couple of extra bedrooms — but then the global financial system went to hell in a handbasket.

Just got a mortgage? Beware of the junk mail

August 18, 2011

Buying a new home (or refinancing your old one) comes with a typically unwelcome peril: a deluge of junk mail.

Time to refinance? How low can mortgage rates go?

August 12, 2011

Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.