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The Fed lowered the interest rate Tuesday, from 1 percent to between zero and 0.25 percent. ...more
December 18, 2008
I took a short-term job with a substantial increase in pay and would like to apply the extra money to my mortgage. Is it better to pay an extra amount each month, or should I hold onto the cash and pay a large lump sum each year? ...more
September 25, 2008
Rates on 30-year mortgages rose again this week, climbing to the highest level in more than nine months, reflecting more concerns about how the Federal Reserve will respond to higher inflation pressures. ...more
June 27, 2008
Short sales can be complex and lengthy transactions, but can be well worth the time and effort, says Jeff Shaw, owner of Century 21 Shaw Realty. ...more
June 1, 2008
U.S. Rep. Barney Frank, whose efforts to clamp down on mortgage-lending abuses were thwarted by the last Republican Congress, is about to try again. He should have better luck this time. ...more
September 18, 2007
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