The idea was logical enough: The government should step in to restore the housing market, which the financial crisis had crippled. Too bad that these seemingly noble efforts were ineffective.
Are you tired of the ever-increasing volume of financial documents, but not sure what you can toss? What follows is a general guide of what records to keep and for how long.
When we talk about financial fitness, one of the most important measures is the value of our assets. The problem is that we often have false expectations about some asset types, and we need to break those illusions to focus on our real financial condition.
The housing comeback from the Great Recession has been long and slow. Now, finally, it looks as if we are finally getting some traction.
Most homeowners have insurance because their mortgage lenders require them to. But two-thirds of them are under-insured, and more than 60% of renters don’t have insurance.
You might view divorce as a series of distinct steps: filing the paperwork, negotiating with your ex, getting a settlement and reaching the end of your marriage. Yet still more work – sometimes lots of it – remains after your divorce.
Taking out a mortgage is a costly enterprise, with fees you probably don’t expect. It pays to know what you are in for when applying. Since the housing bust, many lenders tightened their standards, which means more hurdles for you.
Our first article talked about some low-risk investments for your new-found fortune. But if you have the stomach for higher risk and, as a result, aim to earn higher returns, here are additional ideas.
Spring – a time for fresh starts and, for some, a new home. Before you head out to open houses, your first question should be: Should I own a home at this time? Your second: Or should I remain a renter?
Should you invest with your spare cash or pay off your mortgage early? As with most financial planning decisions, the answer is not black and white.