House and Home Top Stories

House for sale

Baby Boomers face big housing crunch

America's Baby Boomers are facing a serious housing crunch, with many expected to struggle to afford their homes come retirement.

Cat outside_cropped

iStock/DeanDrobot

Russian bank offers cats with mortgages

Would you like a cat with that mortgage? Russia's biggest bank, Sberbank, is offering to deliver cats to the doorsteps of new mortgage clients as part of a quirky promotional campaign.

Woman with Alzheimers

REUTERS/Nacho Doce

Sensors let seniors stay at home, safely

Mary Lou doesn't know that she's being tracked. The 77-year-old is in the middle stages of Alzheimer's and though she lives on her own, her family keeps close tabs on her.

For sale sign 2

Jay Schexnyder/CNN

Home prices rising, but slowly

Home prices are still rising, but the pace of increases is definitely slowing.

Bank of America

John R. Coughlin/CNN

Bank of America to pay $16.65 billion over mortgages

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...

Mortgage

kroach/iStock

Mortgage rates hit 2014 low

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....

Dumpster house

From Gregory Kloehn

The spectacular houses built from scrap

For the aspirational, willing to bend their backs and broaden their minds, the materials for a dream house are all around us; in tin cans, tires and scrap metal, ready for construction projects anywhere from city centers to tropical islands at minimal expense.

For sale sign

Jerry Freeman/CNN

In some housing markets, all-cash deals still rule

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

Fifty Shades of Grey

Courtesy Focus Features

'Fifty Shades of Grey' apartment building red hot

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.

Calvenn and Crystena Starre

Courtesy Calvenn Starre

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

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.

Homes neighborhood

Mortgage closing costs soar more than 20% in some states

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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