Personal Finance Advice and Commentary

About 1.7 million homes regained equity in 2012. Now we only have another 10 million to go.

Do younger, distressed borrowers actually help the housing recovery?

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

A paid-off mortgage means you can retire on less money. The recent agreement between states and mortgage lenders could help you reach that goal.

Here are some not-so-fun facts on borrowers who owe more on their mortgages than their houses are worth. About 10.7 million homes in the United States were underwater in the last three months, compared to 10.9 million in the last quarter, shows a report by CoreLogic. About 22.1 percent of all residential properties with a

Nearly one in four homeowners (22.7 percent) owes more on his mortgage than the home is worth, according to California research firm CoreLogic. Almost three-quarters of the underwater homeowners have above-market interest rates, says CoreLogic, but refinancing has proven to be tricky. In an effort to address the problem, last week President Obama announced the