Feb 9, 2012
As states close in a settlement with big banks over alleged abusive home foreclosure practices, we break down how much each family will really get.
Feb 6, 2012
National State Attorneys General Program Director James Tierney discusses why it has taken so long to reach a multi-state settlement with big banks over shady foreclosure practices during the housing crisis.
Feb 3, 2012
I have the opportunity to refinance from 5-1/4 percent to 4-1/4 percent. The savings will be $249 a month, which we really need because we probably will need a new car next year. The payback for the closing costs (rolled into the refi) would take 2 years. However, there is a small chance we could be moving due to my job before 2 years. Should I take the lower rate to get the monthly savings or find the money for the car elsewhere? My wife's and my credit scores are high -- about 800. (Yes, Tess, I checked FICO per your constant reminding on the show.) Eric, Ringwood, NJ
Feb 1, 2012
The president wants to make it easier for homeowners to refinance their mortgages.
Feb 1, 2012
President Obama announces a new program to help eliminate what he calls a stubborn drag on the economy.
Jan 30, 2012
In his State of the Union address, President Obama sketched out a plan to help homeowners refinance, something Allan Sloan calls 'Wall Street bailing out Main Street.'
Jan 25, 2012
The devil is in the details, but hopefully the administration has finally figured out how to help homeowners with underwater mortgages.
Jan 20, 2012
After refinancing my house with a low-rate, conventional 15-year mortgage, I received an offer to set up bi-weekly or weekly payments. What are the benefits and pitfalls of such a plan? Ron, Richmond Hill, GA
Jan 19, 2012
We have achieved the goal of $10,000 in our emergency fund and now we're looking to put that extra money into retirement. However, in this uncertain market with dwindling returns, we're not sure that a long-term retirement fund is the best place to dump all our eggs. ... We have a fairly good mortgage rate of 4.75 percent. Our question is: Would it be better to focus on paying off our mortgage early while the market is so volatile instead of putting all that money into retirement? Every penny paid off to the mortgage early is money we aren't paying interest on, after all. Cathy, Bogart, GA