(updated weekly)
Home equity loans under fire
Congress may close the door to tax
breaks on home equity loans
By Gary Klott
NEW YORK (Tribune Media) - If you
have a home-equity loan or are thinking
about taking one out, keep a close eye
on Capitol Hill in the weeks ahead. Full
Story ..........
Resale value drying up?
A discount on a new car could actually
trim its resale value down the road
By Rick Popely
NEW YORK (Tribune Media) -
Consumers giddy about receiving a $2,000
rebate to buy a new vehicle should ponder
this sobering thought: The resale
value of that vehicle just dropped $2,000. Full
Story ...........
When a refi doesn't pay
If you're halfway through your mortgage, the math looks
different.
By Jean Sherman Chatzky
Should I refinance my mortgage?
That's the question that's been on
my mind as rates headed down
through the winter and into the
spring. Full
Story ........
U.S. consumer racked up new debt slowly in March
(UPDATE: Adds more details from report)
By Caren Bohan
WASHINGTON, May 7 (Reuters) - U.S. consumers
took on new debt in March at the slowest pace in
a year and a half, a sign they might be growing more
cautious in their spending habits as the economy slackens. Full
Story ........
U.S. March home resales 2nd strongest on record
By Melissa Bland
WASHINGTON, April 25 (Reuters) - Sales of existing U.S. homes
rose to their second-highest rate on record in March, helped
by lower mortgage rates, a realtors group said on Wednesday. Full
Story .......
Ask Barry:
PMI vs. 80-10-10
By Barry Habib
Managing Director of Manhattan Mortgage Co.
Purchasing a home has never been easier. Diverse products
have evolved to help so many individuals, yet the problem of
achieving a 20 percent down payment eludes nearly a third of
all homebuyers. Full
Story ......
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