Applying your mortgage escrow account overage towards your loan principal will help pay off your mortgage and lower your interest payments. Q: I have a $2,000 overage on my mortgage escrow account. Should I let the lender apply the cash to the next 12 payments equally over the next year or get a refund and [...]
Divorce and refinance issues often come hand in hand. Protect yourself from fraud by keeping copies of your mortgage papers updated. Q: My ex-husband, while we were still married several years ago, refinanced our home without my knowledge. The home was in both of our names but he was allowed to do it as a [...]
Need tips on planning a Halloween party this year? Pick out a fun costume and learn how to get everyone into the Halloween spirit by using these simple tips from stylist Ingrid Grimes-Myles. To find out the stylist's 4 great points on how to plan the perfect Halloween Party, check out the video below: http://www.youtube.com/watch?v=1f6UpZbNe3s&feature=g-upl [...]
Looking for some creative Halloween food ideas for your next haunted Halloween party? If you are hosting a Halloween party, making Halloween-inspired food is just as important as hanging eerie decorations. Sarah Finlayson, former Creative Manager at Blue Plate Catering, gives us some great Halloween party food ideas and describes clever ways to use spooky [...]
Have you tried to refinance your mortgage and were denied? An owner-occupied loan on an upside down mortgage could be why you can't refinance your mortgage. Q: I listen to you on Sundays after I leave the station on my way home. I have a real estate question that I hope you can answer since [...]
I'm off this week! Enjoy an encore presentation from the October 7, 2012 Ilyce Glink Show. John Wasik, Lynn O’Shaughnessy, Dr. Stan Humphries and Liz Weston join me to talk about hot topics in personal finance and real estate. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce [...]
A reader asks if bonds are still a good idea. Consider the risks of investing in a long-term bond portfolio and talk to a financial advisor. Q: On your radio show, you were discussing the possible problems in the bond market. You stated that in your opinion the bubble would eventually pop. In 2010, when [...]
If you can pay off your mortgage early, but you have a very low interest rate, should you? Or should you invest your money elsewhere? Q: I tried to get on your radio show this past weekend, but I called too close to the end. I refinanced two years ago to a 3.625 percent loan. [...]
Housing and transportation costs continue to burden the middle class, rising 44 percent since 2000 making up 60 percent of household budgets. For every $1 increase in income, housing and transportation costs rose $1.75. In total, a family with a moderate income (defined as 50 to 100 percent of area median income) spends nearly 60 [...]
