Question: In 2005 my son-in-law bought a house in Florida for $220,000. He financed this purchase with a 15-year prime-rate mortgage, which he has…

A day off for the holiday….

Economics Editor Chris Farrell answers listener questions about where to put emergency savings, how a person could best stimulate the economy, what that Turbo Tax term means, and more.

Question: I can tap my home equity line of credit at an interest rate of 4%. I'm thinking about using my HELOC to fund an investment in a no-load…

Question: My husband is a huge conspiracy theory fanatic. He is certain that the new presidential administration will enact martial law and…

Question: So my wife just graduated with a masters and started working, and i just got a 25,000 promotion. Combined we are making about 3-4 times…

Question: Hi Chris – My husband was given a brochure regarding something called the Capital Protected Fixed Yield Enhancement. Apparently this type…

Question: Fortunately, our personal and self-employed business credit rating is very good, no late payments, etc. It would almost seem that with…

This weekend I answered a question from Nicolas in the Bronx, New York. He wrote: "I am done with Sprint!:" The gist of his question was wanted s…

Question: I am considering converting a Traditional IRA to a Roth IRA. My reasoning for this is: 1.The markets are depressed right now. If I…