Personal Finance Advice and Commentary

The financial repercussions of the housing crisis keep rumbling on.

A new tool aims to streamline the modification process for struggling homeowners.

Ditching a long-term debt might feel satisfying, but it doesn’t mean you should do it.

Do younger, distressed borrowers actually help the housing recovery?

The housing crisis isn’t over for Americans older than 50.

Mortgage forgiveness would erase $700 billion in debt, but who pays?

The Obama administration is proposing HARP 3.0, a mortgage refinancing plan intended to simply the refinancing process.

Homeowners deluged with offers of mortgage help don’t know who to trust.

With mortgage rates dropping, homeowners are quick to realize the double benefit of refinancing now. Not only do they get a low rate that reduces their monthly payments, they are also locking in a shorter duration to be free of debt sooner and build up home equity faster. Freddie Mac released a report recently that shows

Banks are making money from fewer mortgages, but next year looks quite different.