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Teke Wiggin

Pair Living in $1.2 Million House Plead Guilty in Welfare...

One couple that had been collecting welfare while living in a luxurious waterfront home would appear to have just learned an important lesson: Don't mess with Uncle Sam. The two Seattle residents drew widespread media ... Read More »
Harris Effron

States Tighten Foreclosure Regulations

The Hawaii Legislature and Massachusetts House of Representatives passed bills that put tougher restrictions on foreclosures. In Hawaii, the new bill updates the state's foreclosure law, which was called the strongest in the ... Read More »
Harris Effron

Former NYPD Officer Accused in $4.7 Million Real Estate Scam

A former police sergeant and a New York attorney are being charged with stealing $4.7 million from investors using an elaborate real estate scam. James Monahan, who worked for the New York Police Department from 1994 to 2005, ... Read More »
The Associated Press

Mortgage Rates Reach Record Lows for 3rd Straight Week

WASHINGTON -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made homebuying and refinancing more affordable than ever for those who can ... Read More »

Featured Stories

Open Houses of the Week: May 19-20

by AOL Real Estate Editors

There's nothing quite like the lure of an open house sign. Granted, you might not be in the neighborhood (or tax bracket) for many of these outstanding properties, but there's still plenty to admire -- even from the comfort of your swivel chair. ...

House of the Day: Pixar Founder's 'Incredible' Home

by Harris Effron

Edwin Catmull, president of Walt Disney Animation Studios and of Pixar Animation Studios, is selling his Georgian Colonial estate near San Francisco. This "Incredible" 8,864-square-foot home in the community of Kentfield, Calif., sits on ...

Mortgage Points: When It's Smart to Pay More Upfront

by Teke Wiggin

Pay more now for a chance to save much more later? That's the idea behind paying "points" on a mortgage loan. But it doesn't necessarily make sense for every homeowner. Mortgage points provide an opportunity for borrowers to lower their monthly ...