Remember when the government subsidies for buying new cars ended and car sales tanked? Looks like we’re seeing the same thing in the housing market. It shouldn’t be surprising that Mortgage Purchase Applications Plummet As Tax Cuts Expire because when you subsidize an activity, you get more of it. When you take [...]
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A while ago, my wife and I were looking to sell our house and upgrade to a larger home. Our family was outgrowing our starter home. We had made some pretty dumb decisions when we bought that home. We had no idea what we were doing. We didn’t shop around for the best mortgage, we [...] It’s a sad fact of modern life that unless we are diligent we are bound to end up with a multitude of debts, so it’s no wonder that people often feel overwhelmed when considering which debt they should pay off first. This topic is usually centered around credit card debt and often pits philosophies and formulae [...] Don Taylor, over at Bankrate.com, recently received a question about Bankruptcy and mortgage refinancing that I think is a poignant reminder of how serious bankruptcy is and how long it can follow you. The reader writes to Mr. Taylor and pleads his case: We have about 60 percent equity in our home. We both have credit scores [...] |
 
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