Stock Markets Vacillate, Credit Markets Remain Stuck
The Dow Jones Industrial Average dropped again this morning. It was down another 200 points just before 9am Central time. It briefly rose and then began to fall again.
Peter Costa, a long time trader and CNBC analyst, said this morning that the recession is being priced into the stock market. He…
Hank Paulson's Statement Today on the Credit Crisis
This is unfiltered Paulson October 8, 2008
Statement by Secretary Henry M. Paulson, Jr. on Financial Markets Update
Washington, DC-- Good afternoon. Last Friday Congress finalized and President Bush signed into law the bipartisan Emergency Economic Stabilization Act. The EESA provides the Treasury…
Our first call today was from Howard. He's 75 and his wife is 65. Their house (he said) is worth about $170,000. He has a $20,000 mortgage and they are on a fixed income. They're wondering if a reverse mortgage is right for them. He went and talked to a lender who quoted them 10 percent in closing…
Renters Renting In A Foreclosed Home
If you're a tenant in a property that is foreclosed on, what are your rights? I recently answered this question from a reader, and it appears that the answer is different across the country.
I received this email from a reader in Michigan today:
"Cynthia writes: I recently read one of your responses…
Are Credit Unions As Safe As FDIC-Insured Banks?
Do you have funds in a credit union? Wondering if they're as safe as FDIC-insured banks?
Credit Unions have insurance for deposit accounts that is very similar to FDIC insurance. Here's the link to a calculator to tell you whether your funds are safe: webapps.ncua.gov/ins/
September 28, 2008
Listen To September 7 Ilyce Glink Show
Ilyce's most recent Sunday show is now available on ThinkGlink.com: http://www.thinkglink.com/radio.asp Ilyce discussed the Federal Government's takeover of secondary mortgage market giants Fannie Mae and Freddie Mac. She took calls from listeners like Cathy, who are wondering if the takeover will…
Title insurance is a key part of buying a home. Learn more about title insurance from these ThinkGlink.com stories.
Why do I need to buy title insurance? http://www.thinkglink.com/Title_Insurance_Question.htm
Different types of title insurance www.thinkglink.com/Title_Insurance_Policy.htm
What is a…
My Book: 100 Questions Every First-Time Home Buyer Should Ask
Bob called the show to say he was making a low-ball offer and using my book 100 Questions Every First-Time Home Buyer Should Ask for more information.
If you're in that position, the book does cover low-ball offers and how to make a successful one. You can find the book (look for the 3rd version) in…
Today on the Ilyce Glink Show September 7, 2008
Sunday 9/7/08 on the Ilyce Glink Show
Today on the Ilyce Glink Show, we discussed the Federal Government's takeover of secondary mortgage market giants Fannie Mae and Freddie Mac. We took calls from listeners like Cathy, who are wondering if the takeover will have an impact on their house closings in…
Financial Planners -- Where to Find One
Mike called the Clark Howard show today wondering whether he should use a free financial planner from Vanguard or Fidelity or if he should hire his own fee-only planner.
I told him that I like the Vanguard financial planners that I've worked with but I've been less than impressed with some of the…
