Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.
Sales of new homes in the U.S. jumped 4.8 percent from August but fell more than 23 percent from September 2006, the federal government reported today in its release of new residential sales data for last month.
Both 15-year and 30-year fixed mortgage rates fell from last week and last year. The…
Topics: mortgage, new construction, housing market, arm mortgage
As if it weren't enough to save every spare cent for retirement costs, you may have to start saving for retirement health care too.
More and more employers are cutting health care benefits for retirees reports Washington, D.C.-based Employee Benefit Research Institute.
In 2006, only 29 percent of…
Topics: life insurance, retirement, insurance, health insurance
WORLD POPULATION GROWTH HISTORY POPULATION Year Reached Time Span (Years)
1.00 Billion 1800 65,000+ 2.00 Billion 1930 130 3.00 Billion 1960 30 4.00 Billion 1974 14 5.00 Billion 1987 13 6.00 Billion 1999 12 6.75 Billion 2007 8
Oct. 10, 2007.
Topics: consumer advice
Last Friday, the House passed a bill which will reduce the amount of tax due on mortgage debt forgiven during foreclosure or while in bankruptcy. Currently, taxpayers must pay tax on this amount as it is considered income. It's really "phantom income:" income that's taxable but not spendable. The…
Topics: mortgage, foreclosure, bankruptcy, debt
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