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Reverse Mortgages: Older Homeowners Cautioned

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Reverse Mortgages: Older Homeowners Cautioned   The Financial Industry Regulatory Authority urged homeowners over the age of 60 to carefully weigh their options before tapping into their home equity through reverse mortgages to obtain additional income for their retirement years.   The group, formed by a merger of the NASD and some regulatory functions of […]

Credit Score: Do Something Before It’s Too Late

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Credit Score: Do Something Before It’s Too Late   Making sure you have a good credit score is more important today than ever before.  Not only is it crucial to helping you get the best interest rates possible when applying for any type of loan, it could mean the difference as to whether you can […]

The Real Estate Crisis: Congress Expected to Fail

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The Real Estate Crisis: Congress Expected to Fail   An over-whelming majority surveyed say the U.S. Congress will fail in its attempt to solve the nation’s real estate crisis.  That, according to a new poll conducted by Housing Predictor.   The online survey clearly indicated that Americans are fed up with Congressional failures, the government’s […]

Foreclosures Causing More Divorces?

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Foreclosures Causing More Divorces?   The financial pressure that comes with an escalating house payment or a foreclosure may indeed be playing a role in breaking up marriages, experts say.   Historically, the three most likely reasons for foreclosure problems are: loss of job, loss of health and loss of spouse. On top of that, […]

Existing Home Sales and Mortgage Apps Fall Again

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Existing Home Sales and Mortgage Apps Fall Again   The National Association of Realtors reports that total existing home sales – including single-family, townhomes, condominiums and co-ops – decreased 2% in March when compared to the previous month’s sales.   Meanwhile, mortgage application volume continues to fall off weekly.  Over the past couple of weeks, […]

Going Green: Doesn’t Have to Be Expensive

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Going Green: Doesn’t Have to Be Expensive   Everybody wants to save the planet… and most of us also want to save some money for ourselves. Is it possible to do both at the same time?   In this short (1:39) video, Money Talks correspondent Stacy Johnson shows some ways you can go green AND […]