Archive for February, 2008

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8 big mortgage mistakes and how to avoid them

You can borrow too much or prepare too little. You can misjudge terms or overestimate your credit. With so much at stake, it’s no wonder so much can go wrong.
Applying for a mortgage can be a daunting experience.
It’s not enough that you’re agreeing to take on the biggest debt of your life, one that represents […]

5 mortgage moves for 2008

Knowing when and how your adjustable-rate mortgage will reset to a higher interest rate should be your first priority. It can help you determine whether — and when — refinancing is the right move.

More from Bankrate.com

Who will get relief from the subprime mortgage mess?
10 smart year-end tax moves
Best and worst financial moves of 2007

World climate […]

Where a recession is already hitting hard

Florida’s big-time housing bust is a disaster for sellers, but it gives retirees and others a great buying opportunity.
Here in Fort Myers, Fla., people don’t ask whether we are headed for a recession. They know a recession is here. For those who live here, the questions narrow down to two:
How much worse will it get? […]

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