Information From Today's Ilyce Glink Show - August 31, 2008
Today on the Ilyce Glink Show, we talked about Integrity Bank, the Alpharetta, Ga.-based bank that failed on Friday. It was the 10th bank to fail this year. Regions Financial Corp has assumed the assets of Integrity Bank and all of its 5 branches will reopen on Tuesday as Regions Bank branches…
Labor Day Facts From The Census Bureau
The first unofficial Labor Day was September 5, 1882. President Grover Cleveland signed it into law in 1894, designating the first Monday in September as Labor Day. As of May this year, 154.5 million Americans worked: 82.6 million men and 71.9 million women. Among Americans working full time, 82…
Mortgage Applicants Choose Less Risky Loans
Perhaps homeowners are taking the advice of the mortgage industry and refinancing into more affordable loans. A light at the end of the tunnel if you will.
It seems to me that this past spring the industry and government really tried to publicize options for home owners facing foreclosure. The…
How Can You Protect Yourself From Mortgage Fraud?
The FBI recently released tips on how to protect yourself from mortgage fraud:
Get referrals and check licenses for mortgage and real estate professionals. FBI says most of them are honest, but it pays to check.
Don't just rely on your real estate agent for home prices in your area. Do your own…
Many 'Household CFOs' Lack Emergency Funds
A recent survey found 68 percent of "household CFOs," those responsible for managing their families' budgets, don't have an emergency fund.
Consumer Credit Counseling Services of Greater Atlanta sponsored the survey, which led the group to launch its Household CFO consumer information campaign.
The…
Closing Costs Increase Nationwide
Average closing costs increased to $3,118 in 2008 from $2,736 to 2007. That's a 14 percent rise, according to Bankrate.com.
Which state has the highest closing costs? New York. And New York City has the highest rates of any locality in the country, with $4,016 average costs.
The other top 5 are: Texas…
1031 Exchange Questions You Should Ask
If you're doing 1031 tax exchanges, you'll want to make sure that your funds are safe. You don't want to wake up to find out that some guy skimmed $100 million of taxpayer funds and yours are part of it.
Here are the questions you should ask to make sure your 1031 Exchange company is a good one…
Should You Cancel a Whole Life Policy?
I had a conversation with Helen on the show about whether she should keep her $50,000 whole life policy, for which she pays $335 per year.
One of the best resources is www.evaluatelifeinsurance.com.
This is from the Consumer Federation of America (CFA). For $70 it'll help you evaluate your Cash Value…
Question About Jason's Credit Card And His Parents
One of the blog posters asked whether Jason's parents were co-signers on the credit card. The answer is no.
In addition, you have to be 18 to get a credit card on your own.
July 28, 2008
Today on the Clark Howard Show July 28, 2008
I'll be filling in for Clark Howard 1p to 4p EST. Listen live at www.wsbradio.com/ .
We'll be talking about the housing bill, as well as some new statistics that reflect how pessimistic (and yet optimistic) people are about the housing market.
And, have you heard? There's a new brand launching in real…
