Why buy homeowner’s insurance?

[--- Reading Time: 4 minutes ---]— Homeowners Insurance Homeowners need to purchase insurance to protect their homes and personal property. Tenants need insurance to protect their furniture and other personal property. Both need protection against liability for...

Now may be the best time to refinance

[--- Reading Time: 2 minutes ---]Have you been thinking about taking advantage of historically low interest rates and refinancing your mortgage? Getting a lower rate can potentially save you thousands of dollars in interest and lower your monthly payments. And now may...

How to avoid foreclosure?

[--- Reading Time: 3 minutes ---]Homeowners who fall behind on their mortgage payments will likely receive letters from their lender and might even receive a foreclosure notice from the court. Receiving these documents likely adds to the stress felt by homeowners. But...

Housing’s comeback gives homeowners flexibility

[--- Reading Time: 5 minutes ---]If you want gloom-and-doom, keep your eyes glued on that fiscal cliff. If you want to feel on a stronger financial footing, watch the house for sale across the street or the new home that just sold. This year, housing is expected to...

People refinance again and again

[--- Reading Time: 3 minutes ---]Many homeowners are feeling a tad richer after refinancing — some again and again — thanks to the Fed’s never-ending quest to drive down interest rates. Call it the refi redo. Some are in the unusual spot of...