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Tag: renovation

How to finance a home renovation

Posted on August 23, 2021 By admin
couple renovating home

The good news is that there are plenty of ways to finance a home renovation without upending your monthly budget.


skynesher/Getty Images

It comes out of nowhere: All of a sudden, you hate the color of your walls. Or your bathroom sink. Or your kitchen countertop. 

Home renovations have been a popular method of whiling away the hours stuck at home during the pandemic. Searches for “home remodel ideas,” “home renovation cost,” and “DIY home renovation” peaked between April and October of last year, according to an analysis by Rocket Mortgage. And this year alone, more than

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Home Improvement

Freddie Mac launches new home renovation mortgage, here’s how to get one

Posted on August 12, 2021 By admin

Freddie Mac announced a new loan product to help homeowners and homebuyers pay for home renovations. (iStock)

Freddie Mac on Thursday introduced its new mortgage product, the CHOICEReno eXPress mortgage, which will allow homebuyers and homeowners to pay for home renovations by funding the project through their mortgage purchase or refinance. 

Freddie Mac said this will save homebuyers and homeowners time and money, and give them the funds they need for home renovations at low cost with no extra fees and interest rates that mirror mortgage interest rates, which are currently at historic lows. The loan is

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Home Improvement

How one Black family is making inroads in the largely white world of historic home renovation

Posted on August 7, 2021 By admin

Any homeowner renovating a historic property knows there’s a possibility of discovering a surprise or two lurking behind the walls. Water damage, mildew, faulty wiring systems and more are not uncommon. But for Black homeowners, the surprises may be more than expensive or hazardous. Sometimes, they’re painful reminders of generational trauma.

“For a lot of Black people, we don’t want old homes, because we don’t want the history that comes with them,” says Jamie Arty, a Long Island homeowner. “Were they enslavers? What side of history were they on?”

Arty and her husband, Frantz, a tech engineer, are in the

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Home Design

The home renovation craze of 2020 continues in 2021

Posted on July 28, 2021 By admin

The pandemic’s lockdowns, shelter-in-place rules, and general lack of anything to do outside of one’s own residence led many people to look at their homes in a new harsh light. Kitchens were less than ideal. Makeshift home offices were ergonomic wrecks. Outdoor spaces failed to offer the respite people suddenly needed. Almost immediately, people started wishing their homes were just a little—or maybe a whole lot—different.

According to the home renovation platform Houzz, many people decided to act on those impulses and invest in minor and major home renovation projects. Its recently released 2021 Houzz & Home Study puts

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Home Improvement

‘BALLSY’ BACKYARD: Muskegon man finds 158 buried bowling balls during home renovation

Posted on July 26, 2021 By admin

When David Olson started demo work on his concrete staircase, he never expected to pull one bowling ball after another out from beneath.

NORTON SHORES, Mich. — Do-it-yourself (DIY) construction work is a real thing these days. People all over are learning trades so they can build and/or fix stuff and be able to finish home improvement projects without having to pay high labor costs.

A Muskegon man recently started a project in his backyard, only to find out it would “take a lot of balls” to finish it.

David Olson needed a concrete stairway inspected to learn why water

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Home Improvement

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