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Top Financial Leader Thinks Second Wave of Foreclosures Coming July 1

Posted by Frank
June 10, 2008

“We have a wave of foreclosures coming after July 1, which may make the first wave look small by comparison.” - Sen. Christopher Dodd (D-CT)
Earlier this week, Senator Christopher Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, expressed his less than enthusiastic financial forecast for the coming months during a Securities [...]


5

How Much Were Your Closing Costs?

Posted by Frank
June 5, 2008

Do you remember closing on your first home loan? You sit down in a small room with your realtor, the seller, the seller’s realtor, and a title agency. The agency plops a huge stack of documents in front of you and one by one, you sign your paychecks away. If you are [...]


5

A Tipping Point to be Free From Broke

Posted by Ben
June 3, 2008

I work in the IT industry and it’s a true fact that I am currently making an income that is below both the median income for my industry as well as the median income for my area. Why am I not crying myself to sleep every night and fretting about how I am going [...]


1

Can I Save My Home?

Posted by Ben
May 9, 2008

As we all sit around, glued to our bank accounts, waiting for our stimulus check, the country is hurdling towards an unknown that won’t officially be settled until July. Once the magic “R” word comes out, I would imagine that there is going to be a new shock to the system as a whole. [...]


5

My Credit Card Interest Rate Raised for No Reason

Posted by Ben
May 5, 2008

Credit card companies are coming under fire lately, and in our opinion, deservedly so. Credit cards of all kinds are now taking advantage of the 10 pages of fine print you agree to when signing up for a new card, which gives them the rights to basically do whatever they wish to your interest rate. [...]


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