Dec 29, 2011 Gerard Cassidy thinks today's NAR Pending Home Sales index numbers are a sign that 2012 is the year the housing market recovers.
Dec 27, 2011 Home sales fell again in October, with one bright spot in the mix being the rise in rental rates.
Dec 27, 2011 The S&P Case-Schiller Index is out today, and it shows home prices in October fell in 19 out of 20 major cities.
Dec 23, 2011 Mortgage lenders will pay higher fees to Fannie and Freddie to guarantee their loans. That pays for the extension of the payroll tax cut.
Dec 15, 2011 My question is, if your mortgage rate is higher than what you could expect from investing, wouldn't it make more sense to pay on the mortgage? This is almost the same as the concept of paying off the credit card with the highest rate first. What are your thoughts on this? John, Rapid City, SD
Jan 11, 2012 Lots of not-so-terrible news was enough to put markets in positive territory today, but not by much. It gives us a chance to take a step back and talk about something different. Bonds.
Nov 21, 2011 Our primary aim is to have a deposit for a house in 3 years. We have saved a reasonable sum of money but did not want it to linger in a current or savings account for 0.75%. We are deciding either investing at low risk or paying off mortgage. We have to sell our current house to buy a new house. My mortgage rate is 4.99%, so after tax rebate it is about 3.99%. Most investing opportunities are giving us about 2% at low risk and 3-5% at medium risk. After tax one would have to take another 1.25% off the return. We would like some advice. Thanks, Tom and Anne, Boston, MA
Nov 16, 2011 Inflation isn't causing most Americans a problem at this point, but the prices of rental homes and apartments has risen in recent months.