Saving Big on Food Is your grocery bill eating you alive? With soaring gas prices everywhere, here are some tips that may shave your bill by 20 percent or more and give you more at the end of the month for other things, hopefully not just pumping those food savings into your gas tank. […]
Is Anywhere Totally Safe from Disasters?
Is Anywhere Totally Safe from Disasters? This is a question worth answering no matter where you live. People in some parts of the country are highly susceptible to hurricanes, while others face virtually no risk from them. Some live with the risk of earthquakes, others do not. Recent flooding that swamped parts of […]
Reverse Mortgages: How Do They Work?
Reverse Mortgages: How Do They Work? Reverse Mortgages are exploding in popularity and as more and more baby boomers reach age 62 and beyond they will become eligible to cash in on their home equity with a reverse mortgage. A reverse mortgage is a home loan you don’t have to pay back for […]
FICO Scores: Who Have The Best Overall?
FICO Scores: Who Have The Best Overall? Who have better credit scores on average – home buyers with higher or lower incomes? Many might guess home buyers with higher incomes. The surprising answer is: People with lower incomes have slightly higher FICO scores. That finding, which emerged from a statistical analysis of all […]
Election 08: How Might Your Tax Bill Change?
Election 08: How Might Your Tax Bill Change? In our last report on the Election 08 thread, we touched on how the two likely candidates might affect the real estate industry. Perhaps an even more widespread question among a majority of folks would be, "What will they do to my tax bill?" John […]
Pre-Cooking on Amateur Budgets
Pre-Cooking on Amateur Budgets As Americans, we typically only spend more on housing and cars than we do on the food we eat. Normally when you pay less, you get less, but that’s not necessarily true when it comes to the food you buy. Money editor Stacy Johnson explains… (video runs 1:39) […]
Your Comments Welcomed
Your Comments Welcomed We’d love to hear your comments about whether you think the economy will improve in the second half of the year? And we’d also like to know what, if anything, you are doing to weather the current economy… or have you not been affected at all? Don’t worry, your […]
Mortgages: Pre-Qualified vs Pre-Approved
Mortgages: Pre-Qualified vs Pre-Approved When you are pre-qualified for a mortgage of some amount, this is simply a quick measure of what you probably can borrow. It is based on a few answers you give to things like how much income you have and the amounts of any debts you have. It does not, […]
Mortgage Foreclosure Looming?
Mortgage Foreclosure Looming? One thing that seems pretty consistent throughout the mortgage industry is, people facing the possibility of losing their home often do little or nothing to prevent it from happening. Many homeowner’s don’t even seem to be aware that they have options, while other are so distraught by their hardship, it’s difficult […]
New Home Sales Rise Unexpectedly
New Home Sales Rise Unexpectedly According to a new government report released recently, sales of new homes across the United States rose an unexpected 3.3 percent in April from the prior month, to a seasonally adjusted annual pace of 526,000 homes. Although activity rose over the month, sales of new homes in the […]
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