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When Is It Better to Buy Than Rent?
South Florida renters constantly hear jeers that they're paying somebody else's mortgage.
They feel pressure to escape rent increases and take advantage of low home prices last seen a decade ago.
But a home still may be a stretch financially. And prices may decline further, embittering new owners who see their prized asset lose value. read story
Record Rates Repeat
Average 30-year, fixed-rate mortgages remained at all their all-time record low interest rate at 3.87 percent for the second week, Freddie Mac reported Thursday.
Knowing Who Owns Loan Can Provide Benefits
Borrowers who are in distress can benefit by understanding who owns their mortgage.
Consequences of Walking Away from Mortgage
Homeowners who owe more on their mortgages than their houses are worth sometimes consider just walking away from the property. But there can be serious consequences to such a move.
What's The Difference Between Your Credit Report And Credit Score?
After a recent TBL [http://www.courant.com/business/custom/consumer/hc-bottom-line-credit-cards-20120114,0,288554.column] on what's coming in credit cards this year, reader Dave Ellington of South Windsor noted the distinction between a credit report and a credit score.
Refinance Volume Surges as 30 Year Hits Record Low
Mortgage rates have fallen to the lowest level since the 1960s, prompting homeowners to consider trading in their old loans for new ones.
Refis Dry Up Housing Supply in Santa Fe
Lower interest rates have boosted homeownership in Santa Fe, N.M., but they also have reduced sales inventory as more families refinance and stay put.
Credit Executive Says Scores Have Fallen 20-30 Points Over Past Year
Getting out of debt is one of the more popular New Year's resolutions. And frankly, rebuilding credit should be at the top of the list in 2012.
How to Improve Credit Score
When you try to lose weight, one of the first things you need to do is hop on the scale and get a real number.
All-Time Low Again for 30 Year
The average for 30-year, fixed-rate mortgages matched the all-time record low this week. |