May 23, 2012
An underappreciated factor behind the recent gains in the housing market is higher rents.
May 21, 2012
How do you recommend investing funds in an emergency savings account? Peter, Cherry Hill, NJ
May 18, 2012
My wife and I recently refinanced our home. We paid off the home equity line and the existing mortgage, and now our monthly payments are $500 less than they were previously. What should we do with these savings? Thank you. Jeff, Amherst, MA
May 17, 2012
Major banks forked over billions of dollars in a mortgage settlement. Some states are using that money to fix any kind of budget gap.
May 16, 2012
Housing starts, as they're called, were up 2.6 percent last month, and compared with last April, home construction was up almost 30 percent.
May 24, 2012
Packed open houses, multiple offers, and higher prices. In (usually high-end) neighborhoods like Jamica Plain, the bidding wars still rage.
May 24, 2012
Alabama wasn't hit hard by the housing collapse, and prices are now rising. But it's still difficult to get a home loan there.
May 24, 2012
Like a lot of Western cities, Phoenix's housing market crumbled during the recession. But new home sales are up 35 percent from a year ago.
May 11, 2012
My husband and I just refinanced our house at a great rate (15-year fixed mortgage at 2.875 percent). Our house payment is low and we can afford to pay more each month. Would the best use of our money be to pay down the principal on this low-interest loan or put extra away for retirement or for our children's college fund? We have two young children and are in our late 20s/early 30s. Thanks for your help! Katie, Helena, MT
May 9, 2012
I am a 25-year-old college graduate with approximately $27,000 of student debt. I have been unable to find a job since graduating and am making $1,000 a month, give or take. I now have $1,500 in my checking and $1,000 in savings. This is the most money I have had at one time and am unsure how best to utilize it. My savings account is for emergencies. My budget allows for $150 a month of disposable income. Should I contribute what remains of my disposable income to the loans, save it or try to invest it? I am currently paying $100 a month to the loans to maintain activity. Thank you for your time. Nathaniel, Raynham, MA