Mortgage Delinquencies: 8th Straight Increase The number of people who were late making their mortgage payments shot up 53 percent in the fourth quarter of 2008 from the same period in 2007, according to data provided by TransUnion LLC. The credit reporting agency said its database shows delinquencies — or the percentage of mortgage holders […]
Prioritizing Debt
Prioritizing Debt Many people are wrestling with whether to prioritize their mortgage payment or their credit card bills. AP posed the question to Lynette Khalfani-Cox, bestselling author of “Zero Debt: The Ultimate Guide to Financial Freedom”, and here’s what she had to say… (video runs 1:38)… If you have any questions or comments, just click […]
Refund Anticipation Loan Rip-Offs
Refund Anticipation Loan Rip-Offs Refund anticipation loans, or “rapid refund loans”, are almost always a bad idea. Why? Our Money Editor, Stacy Johnson, explains… (video runs 1:23)… Do you tend to go for these Refund Anticipation Loans? We’d love to hear your comments about this video. Just click the “comment” link below and sound off.
Too Many Homes for Sale?
Too Many Homes for Sale? Since 2007, millions of Americans have seen untold fortunes and dreams lost as a result of questionable lending and borrowing practices. Countless millions more honest, law-abiding Americans have become sideline victims as they try to sell their home for legitimate reasons only to find their home’s value has dropped precipitously. […]
Mortgage Scams – Don’t Get Taken
Mortgage Scams – Don’t Get Taken The economic recession has caused a lot of homeowners to find themselves in danger of losing their homes. There are many situations that have cropped up because of it — on one side are the homeowners who are doing everything they can to stop foreclosure. On the other side […]
Buyers Looking – Many Hesitant
Buyers Looking – Many Hesitant Diane Ramirez, president of Halstead Consulting Group, says, “in three or four years, people will look back on this time wishing they had bought a home. Ramirez said the low home prices are bringing potential buyers out to look for deals, but many are taking a long time to look […]
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