The credit crisis is making financial matters difficult for everyone. Foreclosure and unemployment rates are on the rise, banks are failing and lenders are requiring stricter guidelines and more documentation. Come here for updates on the credit crisis and advice for what you can do to improve your financial situation.
A mother let her son use her credit card to help set up his new home and now she is in significant financial trouble. You should never let anyone use your credit card without your permission. If the credit card debt is bigger than her income, her only solution might be to file for bankruptcy.
Much of the mortgage crisis comes back to personal responsibility. In the heat of the moment, buyers rushed out to purchase homes they really couldn't...
It's entirely possible that the U.S. won't return to a seller's market until sometime next year or later. The only wrinkle is that next year is a presidential election year and often, the housing market will slow while citizens consider who is running for office and what effect that is likely to have on the national, and local, economies.
Today's Ilyce Glink show was shortened to 1 hour because of the football schedule. But in that hour, Ilyce talked about the wild week on Wall Street and how the mortgage mess is going to shake out. She took calls and talked about how music is selected for the show. If you want to make a suggestion for show tunes, log onto her website and comment.
Today on a special July 4th edition of the the Clark Howard show, Ilyce Glink filled in. Ilyce talked about how another 2.3 million consumers had their personal financial information poached and what companies are doing to cope with the fallout. Several listeners called in with credit and identity theft questions and then George wanted to know about irrevocable trusts. All this and some of the latest housing numbers on today's Clark Howard Show.
With the real estate market softening, when is the best time to sell an investment property? Understanding the "real estate bubble" can help you make good decisions about your real estate investment. Holding out for a profit you expected to get on the investment could backfire.
Is there a real estate bubble? Economists can debate whether real estate prices are higher than they should be, but ultimately it's the market that sets prices. So, we decided to ask the market what they think. The Real Estate Bubble Survey answers a key question: Do real estate sellers and buyers believe there is a real estate bubble?