Homeowners Beware: Forensic Loan Audit Scam

The calls started last November. Speaking in Spanish, a representative from New Century Solutions in Lake Forest, Calif., pitched Jose Chirino to purchase a forensic loan audit. For $2,995, the representative said, an audit could help the San Jose, Calif., homeowner get a much-desired loan modification and principal ... Continue Reading »

Is Now the Best Time to Refinance Your Mortgage?

Some homeowners in their 50s are taking advantage of historic low rates to refinance their homes and score themselves a mortgage-free retirement. Mark and Jan Sass, 55-year-olds who live in Cincinnati, Ohio, refinanced their home last week to lock in lower rates, Reuters reported. They switched from a 20-year fixed-rate ... Continue Reading »

How to Rent in a Landlord's World: Tips for Today's Market

If your rent went up this spring, you are not alone. The rental market is playing out a classic supply-and-demand scenario: Demand is increasing and supply has remained neutral as existing renters have stayed put. Add to that rising costs for oil, and gas, and the result is a bigger monthly tab for renters. In the first ... Continue Reading »

Watch: Signs We've Hit the Housing Bottom

For nearly two years, economists and real estate experts have been on the lookout for the bottom of the housing market. That time is here, says Russell Price, a senior economist with Ameriprise Financial (AMP), a financial services company. Price spoke with DailyFinance to explain why the decline in real estate is just ... Continue Reading »

Buy vs. Rent: Top Tips for Your Big Decision

When Dr. Alexis Roettinger returned last year to Newport, R.I., she knew it was worth it to buy a house. After completing her medical residency in Buffalo, N.Y., she had landed a new job at the local hospital in the seaside city where she grew up. Roettinger, 35, knew she'd be staying a while. To save money for a down ... Continue Reading »

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