Save Money Every Day on the Ilyce Glink Show May 15, 2011: The decisions you make every day about how you spend your money will dictate how wealthy you are later in life. The genesis of this show came from the nearly 10,000 miles I've logged in the past few weeks speaking to thousands of [...]
Jobs, Unemployment and the Spring/Summer Housing Forecast on the Ilyce Glink Show May 8, 2011: U.S. nonfarm payrolls jumped 244,000 in April, well ahead of expectations. But the official unemployment rate jumped from 8.8 percent to 9 percent. Why? This week, President Obama took on Big Oil by talking about how super-high gas prices are [...]
This Week's Segment with Mark Teytel: Foreclosure and Short Sale Expert GetOutStartOver.com Brett called into the show this week while driving around looking at houses. He found a short sale he likes. The neighborhood is perfect. The only problem is that the seller is not behind on his payments and owes more than what the [...]
Thinking about how to teach your kids to save money? That's how we kicked off today's Ilyce Glink radio show. I shared a story about how we would give our kids a fixed amount of money when we'd go on vacation. If we gave the kids $20, they learned quickly that if they spent all [...]
Q: I bought a small farm using money from selling my other farm and taking money from my IRA. Because of the large income tax I was going to have to pay on the withdrawal and today’s historic low interest rates, we decided to get a small mortgage of about $60,000 on a $350,000 purchase. [...]
Q: I am 66 years old and I bought my existing two-story home in November 2007 for about $235,000. The outstanding mortgage balance is $180,000. I wish to move to a single story home of similar value, but I do not have a job and am not yet retired, so I really have no regular [...]
The Mortgage Bankers Association announced this week that the number of delinquent homeowners rose a little in the first quarter of 2011, but over the course of a year, the number has dropped substantially. According to the MBA delinquency survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted [...]
Early last week, the LexisNexis® Mortgage Asset Research Institute published its 13th Periodic Mortgage Fraud Case Report, which evaluates the current conditions of verified residential mortgage misrepresentation in the country committed by industry professionals, based on data submitted by the Institute's subscribers. While reports of fraud decreased 41% from 2009 to 2010, according to statistics [...]
I started out today's show talking about the decisions you make every day about how you spend your money will dictate how wealthy you are later in life. I firmly believe that with a very little bit of effort, everyone can find an extra $1,000 to $1,500 in their budget that is essentially wasted money. [...]
It sounds like another round of bad news for the mortgage industry. The government has made it clear that no one is constitutionally entitled to a government-backed mortgage of up to $729,750, no matter where you live. Even in places where the cost of buying a house is far above the national average. The recession [...]
