Posts with tag home finance

5 Mistakes to Avoid When Refinancing

Mortgage rates are at record lows and should stay that way as long as economic reports continue to be disappointing, according to Bankrate.com, which tracks mortgage rates weekly. However, if you've been thinking about refinancing, you should act quickly. If mortgage rates rebound, they could do so fast, according to... Continue Reading »

Want to Avoid Foreclosure? Listen to Mom

Academic data has shown time and again how important parents are in modeling good financial habits that affect their children's adult lives. New research shows that goes for housing-related finances as well. A story today in DailyFinance.com reports that adults who said they received a lot of parental teaching around... Continue Reading »

Home Insurance: Know What You're Buying

Bennett Cunningham and his partner own a home in a charming Dallas neighborhood just south of downtown. Shopping for home insurance, he found the cheapest rates with State Farm, the nation's largest insurer. Talk about a deal: Bennett and his partner have three cars. If State Farm covered those in addition to the home, the... Continue Reading »

Mortgage Refinancing: Why Borrowers Aren't Playing HARP

It's not every day that a successful investor takes the national stage to suggest that he should lose billions of dollars for the greater good. But that's what Bill Gross of the bond giant PIMCO did last week at the Treasury and HUD conference on the future of the housing finance system. Gross unleashed a bold proposal... Continue Reading »

Fannie Mae, Freddie Mac Don't Work

At yesterday's Conference on the Future of Housing Finance in Washington, each panelist was asked what they would change and what would they preserve regarding the government's ongoing role in the housing sector? Their prepared responses offered the expected spectrum, from lip service to real substance. But all agreed... Continue Reading »

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