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As part of the Housing and Economic Recovery Act of 2008, the IRS authorizes a deduction of up to $7,500 for qualified first-time homebuyers.
What does that mean? Read on for an explanation.
Provides potential borrowers with a brief primer on Truth In Lending Requirements and explains new regulations enacted to ensure that consumers are informed about loan related fees and costs.
The $8,000 homebuyer tax credit for first-time homebuyers is scheduled to end on December 1, 2009. Since it can easily take 90 days to close on a house, there is not much time if you are interested...
Century 21 CEO discusses the real estate market and of course he's not that gloomy. It's his job to keep the houses selling. He lists four factors that are key to homesales and points out that...
Many homeowners, stuck with an underwater property that they can only sell for a loss are renting the property instead, hoping the price will rebound in a few years. Is this a good move? Probably...
Another wide ranging item in the Obama administration's 2009 stimulus package, that has garnered as many questions and interest in the media, is the proposed $15,000 first-time home buyer (owner)...
A Blogger calling himself Captain Capitalism has put together a short cartoon that explains the mortgage mess. From what I can tell he's an economics professor at a university in Minnesota.