Clik here to view.
Closing the Refinanced Mortgage
Mrs. ToughMoneyLove and I spent about 30 minutes at a local office of our new bank. Today was closing day on our mortgage refinance. The number of papers that need signing seems to be increasing...
View ArticleClik here to view.
Dodging the Credit Card Punishment
You may have been reading about record low interest rates on mortgages and thinking “Wow, credit is cheap right now!” You would be wrong, at least as to that ubiquitous source of lifestyle support:...
View ArticleClik here to view.
Your So-Called Rewards Cards Exposed – Again
Many personal finance bloggers dedicate a lot of words (and affiliate links) discussing rewards credit cards. According to these writers and their eager-beaver reward-chasing readers, rewards credit...
View ArticleClik here to view.
Home Ownership Gets Tougher – That’s a Good Thing
Business week reported this week that major banks are imposing tougher standards on FHA loans. Last week NPR ran a similar piece about tightened mortgage underwriting standards in general. In each...
View ArticleClik here to view.
A Satellite Tour of Foreclosure Wastelands
If you are a visual learner, you will be impressed or even shocked by a satellite map view of cities where foreclosures are dominating the real estate landscape. The Business insider has compiled data...
View ArticleClik here to view.
Good Riddance Freddie and Fannie?
Can it be that the “homeownership for everyone” army of dreamers has finally been defeated? Let’s hope so. Someone with sense in the Obama administration has convinced their economic team that Freddie...
View ArticleClik here to view.
Credit Cards are Bad for Your Financial Health: It’s Science
I am one of the few credit card haters among personal finance bloggers. Most of my blogging colleagues advocate their use to gain cash back “rewards.” Many bloggers go beyond mere use advocacy – they...
View Article