Home & Garden

Home & Garden

The Mortgage Professor: Do large principal payments reduce monthly payments?

On home mortgages, a large payment to principal reduces the loan balance and with it the fully-amortizing monthly payment, or FAMP. FAMP is the level of monthly payment required to repay the mortgage fully over its remaining term. Many borrowers would like a mortgage on which the monthly payment would drop to the new, lower FAMP following a large payment to principal and are disappointed when they find they don't have one.

Home & Garden

Real estate Q&A: Credit scores aren't the be-all, end-all

Q: Our home was foreclosed by our first mortgage lender several years ago, leaving the second mortgage unpaid. After we got back on our feet financially three years ago, I began trying to reach out to the second mortgage lender to work things out. The lender would not speak to me about it, other than to say the loan was charged off. Because the debt was still on my credit report, I kept at the lender and finally negotiated a settlement, paying a reduced amount. Still, the debt shows up on my credit report as settled for less than the full amount owed - and that's preventing me from getting a new mortgage for three more years. Is the lender liable for blowing me off all that time?

Home & Garden

With a childlike whimsy

LOS ANGELES - Married eight years, the couple work together as the creative agency NONdesigns and live in the Dorland house, a two-bedroom, one-bath house designed by Lloyd Wright that they purchased in 2013.

Home & Garden

5 times you shouldn't refinance your mortgage

Refinancing your mortgage can save you a lot of money in interest and lower your monthly payment - when the numbers makes sense, that is. But there are times when a seemingly money-saving move like a refinance can backfire. In short, there are times when it doesn't pay to refinance.

Home & Garden

Style at Home: Nostalgia is hot for fall centerpieces

There is something so nostalgic about fall for me. Maybe it comes from growing up in a small, Midwestern river town, where the trees turned spectacular shades of scarlet, amber and orange. Where apple orchards were bursting with juicy fruit ready for a snack or pie. Or maybe it was the excitement of football game days in our small college town. Fall just feels like home, familiar and friendly.

Home & Garden

8 great contemporary toiles

Toile de Jouy is named after the French town of Jouy-en-Josas, where it got its start in the 18th century. That explains all those pastoral scenes peopled by farmers in Colonial-era garb. Yet these toile designs also telegraphed the news of the world, whether it be balloon voyages, the American victory in a revolutionary war or the toppling of a king. You can still buy those designs as wallpaper or fabric.

Home & Garden

Rooftop gardens grow fierce

WICHITA, Kan. - More than a decade after people first moved into the lofts at Grant Telegraph in Old Town, their rooftop gardens are starting to draw eyes upward to leafy lushness.

Home & Garden

Moving? Don't start packing without these 8 painless tips

You've been perusing real estate apps for months, have gone to countless house inspections and finally found the home of your dreams. But before you start building your decor Pinterest board and investing in new wares, it's time to tackle one of the most frustrating parts of the process: moving.

Videos

Lafayette, Walker Wood have big night in Boyle County

Lafayette defeated Boyle County 47-21 in the second game of the Rebel Bowl on Saturday night. Walker Wood, Lafayette's quarterback who's committed to UK, had a big night on the ground.
jmoore@herald-leader.com
Lafayette, Walker Wood have big night in Boyle County 1:06

Lafayette, Walker Wood have big night in Boyle County

Honor Flight Kentucky 1:30

Honor Flight Kentucky

Comair 5191 10th anniversary 2:20

Comair 5191 10th anniversary

Rowan County Pride Festival 1:36

Rowan County Pride Festival