Personal Finance Advice and Commentary

Thursday, May 15, 2014 11:19 am
By Judy Martel · Bankrate.com

A higher percentage of all-cash homebuyers can be a sign of a weak housing market.

Tuesday, May 28, 2013 6:02 pm
By Judy Martel · Bankrate.com

Annual price increases are pointing toward a sustained housing recovery.

Wednesday, May 09, 2012 5:59 pm
By Judy Martel · Bankrate.com

Home prices jumped in 51 percent of metro markets; vacation home sales are rising.

Wednesday, February 29, 2012 2:41 pm
By Judy Martel · Bankrate.com

Beginning April 1, borrowers will pay more for upfront mortgage insurance from the Federal Housing Administration, or FHA. Fees were last raised in April 2011 and are at the highest in the FHA’s history. Premiums for the insurance will rise from 1 percent to 1.75 percent of the base loan. The FHA estimates the increase

Tuesday, February 14, 2012 8:35 am
By Polyana da Costa · Bankrate.com

If you plan to get an FHA mortgage or want to refinance with an FHA loan, act quickly. A few weeks ago, I told you that mortgages insured by the Federal Housing Administration would get more expensive this year because of recently approved legislation that calls for an increase on FHA’s mortgage insurance premium. At

Wednesday, January 18, 2012 6:32 pm
By Judy Martel · Bankrate.com

Applications for mortgages jumped 23 percent last week, largely due to homeowners taking advantage of record-low rates to refinance, according to the Mortgage Bankers Association. The refinance portion of total mortgage activity was 82 percent. But as a Bankrate article points out, although rates are low, mortgage fees are about to rise. Congress is set

Sunday, October 30, 2011 10:27 am
By Judy Martel · Bankrate.com

The rich are indeed getting richerĀ – by leaps and bounds when compared to the rest of the population. Between 1979 and 2007, the wealthiest 1 percent of Americans saw their after-tax income nearly triple, while the 60 percent of the population that largely makes up the middle class saw an increase of just under 40