6 Crucial Rules for Renovating Your Basement

6 Crucial Rules for Renovating Your Basement

Sisoje/iStock A good basement renovation can provide extra living space and increase the value of your home, so for most homeowners, fixing it up is a no-brainer if they have the cash. But a botched remodel can turn this subterranean space into a money pit. To help...
FHA Clamps Down on Risky Government-Backed Mortgages

FHA Clamps Down on Risky Government-Backed Mortgages

Tim Boyle/Getty Images The federal agency that insures mortgages for first-time home buyers is tightening its standards, concerned it is allowing too many risky loans to be extended. The Federal Housing Administration told lenders this month it would begin flagging...
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