The U.S. housing market recovery is underway. New home sales are at a multi-year high, housing starts are at pre-recession levels, and home builders plan for a strong 2013.

Since late-2011, falling mortgage rates have boosted buyer purchasing power. Now, today, in many U.S. markets, the number of act...

19.10.12 03:45 PM - Comment(s)

Home values are rising in many U.S. markets. The S&P/Case-Shiller Index has home values up 1.2 percent as compared to last year, and the government's Home Price Index shows an increase of 3.7 percent.

This has been partially evidenced by rising median home sales prices nationwide. Versu...

03.10.12 03:45 PM - Comment(s)

The average family puts 10-15 percent of its monthly spending toward food, according to the Bureau of Labor Statistics and Department of Agriculture, with most of that food purchased at a supermarket.

The amount spent on food is less than the typical amount spent on housing each month but what makes ...

05.09.12 03:45 PM - Comment(s)

Should you lease a new car, or should you buy one? Like most financial questions, the answer depends on your situation. For some people, leasing a car presents distinct economic advantages. For others, buying a car is the way to go.

There's plenty of online material to help you choose your optimal pa...

14.08.12 03:45 PM - Comment(s)

Insurance is protection against unexpected expenses and insurance policies are available for nearly any scenario you can envision -- even your own ransom. But just because an insurance policy is available, that doesn't mean you should buy it.

Some insurance policies give you good bang for the buck. O...

01.06.12 03:45 PM - Comment(s)

The typical U.S. taxpayer will receive roughly $3,000 in federal income tax refunds this year -- an average of $250 per month. So, what would you do with an extra $250 monthly? This segment from NBC's The Today Show offers some advice. 

Whether you've already filed your annual tax...

12.04.12 03:45 PM - Comment(s)

According to Freddie Mac's weekly mortgage rate survey, for 13 straight weeks, the average 30-year fixed rate mortgage has held below 4.000% for mortgage applicants willing to pay up to 0.8 discount points plus a full set of closing costs.

These are the lowest mortgage rates in history and now -- wit...

07.03.12 04:45 PM - Comment(s)

Credit scores play a huge role in today's mortgage market -- larger than at any time in recent history. Blame it on the high default rates of the last half-decade. Lenders are reserving their lowest rates for the customers most likely to make on-time repayments.

Mortgage rates are at an all-time low ...

09.02.12 04:45 PM - Comment(s)

Will your home gain value over the next 12 months? Nobody can know for sure, of course, but should recent housing trends continue, there's concrete cause for optimism.

The housing economy has suffered since 2007, knocking home values down nearly 20% nationwide. And while some areas have fared better ...

13.01.12 04:45 PM - Comment(s)

With mortgage rates at all-time lows, you may be asking "Is now a good time to refinance?". This short interview from NBC's The Today Show offers good insight.

Refinancing a mortgage is about more than just "low rates". For example, there are costs associated with giving a new mor...

11.10.11 04:12 PM - Comment(s)
It's no secret. Rates are low right now. And, it's not just mortgage rates, either -- all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels. As a homeowner in Midlothian , one way to take capitalize on today's ...
14.09.11 04:03 PM - Comment(s)

Last week, the Federal Reserve pledged to leave the Fed Funds Rate near 0.000 percent until at least mid-2013. For credit card holders in Virginia who carry a monthly balance, this is good news. Because of the Fed's call, credit card rates are unlikely to rise before mid-2013.

But cardholders can sav...

18.08.11 04:12 PM - Comment(s)

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