US home price gains weakened in December on slower sales

WASHINGTON (AP) — U.S. home values rose at a modest pace in December, a sign there are too few potential buyers to bid up prices. Real estate data provider CoreLogic says home prices rose 5 percent in December from 12 months earlier. That is down from the 5.5 percent price gain recorded in November. It's...

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KING 5 confirms move to Sodo

KING 5’s owner is moving the television station’s headquarters from South Lake Union to Home Plate Center in the Sodo neighborhood.

JPMorgan will pay $50M in homeowner bankruptcy settlement

NEW YORK (AP) — The U.S. Department of Justice says JPMorgan Chase will pay $50 million to 25,000 homeowners for failing to properly review payment-change notices sent to homeowners who were in bankruptcy. The Justice Department says JPMorgan Chase acknowledged it filed about 25,000 payment change notices that were sent to homeowners without a proper...

Reverse mortgages too confusing for seniors

To help more seniors stay in their homes, the federal government has implemented a new rule allowing surviving spouses who meet certain conditions to remain in the home regardless of their borrowing status.

6% home-sale fee no longer sacred

A controversy over disclosure of commission rates sheds light on choices many people don’t know they have as a buyer or seller.

Signed contracts to buy US homes rise to 18-month high

WASHINGTON (AP) — The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year. The National Association of Realtors said Friday that its seasonally adjusted pending home sales index increased 1.7 percent to 104.2...

Average US rate on 30-year mortgage rises to 3.80 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.80 percent from 3.76 percent last week. The rate for the 15-year loan,...