In a surprise move, mortgage interest rates rose this past week while NAR reports indicated that median home prices were rising as well. Mortgage interest rates rose a bit this week, but not enough to make a meaningful difference in the price you’ll pay to own a home. When you’re talking about a 30-year fixed [...]
A couple is looking to refinance their home. They should recognize they may pay more interest later to lower their monthly payment now. Q: I need some advice on my current housing situation. I am a married woman that bought my house almost 4 years ago. Two years ago, I had a baby and my [...]
When you apply for county or state healthcare assistance, the county or state can lay claim to a percentage of your estate proceeds. Q: Fifteen years ago, my parents put my two siblings and myself on the title/deed to their house with the stipulation that they could continue to live in the house for as [...]
A daughter rents out a condo to her mother. After the mortgage is paid off, the daughter needs to make sure she still gets the rent checks. Q: Earlier this week, a radio caller to your show asked about paying off the mortgage on the condominium she owns in Flint. She said she had bought [...]
Taxes owed when selling a home that is not your primary residence. If you are selling a home that is not your primary residence, you will have to pay taxes if you made a profit. Q: I recently sold a townhouse and was concerned about how much tax I would be responsible for paying. Basically, [...]
Negotiating real estate purchases is a skill that everyone needs to have before they enter the housing market. It's your investment. How do you get the deal you want from the seller? And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show August 19, 2012 on WSB [...]
Unemployed and stuck with nothing but tough choices? You are not alone. Homeowners like caller Pam have lost home value and look to refinance mortgage loans with no income. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show August 12, 2012 on WSB Radio. I wanted [...]
Drought and food prices are the topic this week with the USDA's announcement that they have cut the estimates for corn and soybean crops. How will families save money at the grocery store this Fall? And as usual, providing personal finance advice, real estate advice and consumer advice with Ilyce Glink on the Clark Howard [...]
Sometimes there are mortgage payoff fees, including unpaid closing costs. Review your mortgage docs, call your lender or state for more info. Q: My wife and I purchased deeded timeshare about five years ago. Approximately two and a half years ago, we paid off the note to avoid the high interest rate. A couple of [...]
Ilyce Glink offers tips and advice for investing in real estate: plan extensively and be flexible. Q: I just wanted to say thank you, Ilyce. Your over the air advice encourages me and moves me forward in my real estate pursuits. I am a dairy farmer in the Atlanta metropolitan area, milking goats and making [...]
