How the Fed’s rate hike will affect homeowners’ ability to save by refinancing

How the Fed’s rate hike will affect homeowners’ ability to save by refinancing

On average, borrowers who refinanced during the first quarter of 2017 reduced their monthly payments by $109, not including homeowners who opted for cash-out refinances, according to figures released Wednesday by mortgage technology firm Black Knight Financial Services. Altogether, homeowners who refinanced in the first quarter saved $36.5 million a month — representing the lowest total monthly savings from refinancing since 2008.

Mnuchin Made at Least $15 Million on Entertainment, Real Estate

Mnuchin Made at Least $15 Million on Entertainment, Real Estate

U.S. Treasury Secretary Steven Mnuchin made at least $15 million from his entertainment and real estate interests that he sold to comply with federal conflict of interest rules, according to a filing released Monday.

Real-Estate TV shows determine what buyers look for in a house

Real-Estate TV shows determine what buyers look for in a house

Anyone who’s ever binge-watched the network, or “Property Brothers” specifically, knows there are some things, like granite counter tops and stainless steel appliances, that a lot of home buyers are looking for nowadays. That, they say, is in large part to reality TV.

These 4 colors can be the kiss of death when selling your home

These 4 colors can be the kiss of death when selling your home

A fresh coat of paint is a fairly inexpensive way to refresh the look of your home; the average exterior paint job costs about $2,600, while interior paint costs $1,660, according to Home Advisor. But choose the wrong shade and you could wind up regretting it later. Paint your home with a weird color either inside or out and buyers might turn up their noses, even though repainting is a relatively easy fix.

Paint your bathroom this color and boost your home’s selling price by $5,400

Paint your bathroom this color and boost your home’s selling price by $5,400

Forget about leaving those walls white