Community Associations Hamper Homeowners' Renovations

Community Associations Hamper Homeowners' Renovations
Getting board approval for work on your home can be tough going and may add to a project's costs. To avoid problems, it's best to know what rules or restrictions you might face before you begin.

Federal Reserve Chairman Warns Of Reliance on Housing Loans
Alan Greenspan says consumers have become enormously dependent on borrowing against their homes to fuel their spending, and that a rise in mortgage rates could trigger a spending pullback. Meanwhile, existing-home sales climbed 2% in August.