Homebuilder confidence drops as interest rates and lumber prices rise

A contractor works on a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 8, 2021.Luke Sharrett | Bloomberg | Getty Images A monthly index measuring homebuilder confidence in the single-family housing market fell, as builders face rising interest rates and rising costs for materials, especially lumber. The NationalContinue reading “Homebuilder confidence drops as interest rates and lumber prices rise”

Why it might be a ‘mistake’ to file your 2020 taxes now

Ethan Wolff-Mann·Senior WriterTue, February 9, 2021, 11:56 AM·4 min read Tax season officially starts Feb. 12 and you have until April 15 to file and pay taxes owed. But there’s a wrinkle this year and it has to do with coming stimulus payments. Lawmakers are still negotiating the details of a third stimulus plan, including how muchContinue reading “Why it might be a ‘mistake’ to file your 2020 taxes now”

Mortgage demand drops as interest rates hit a three-month high

PUBLISHED WED, FEB 10 2021 Diana Olick An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Mortgage interest rates have increased in four of the first six weeks of 2021, putting a chill on mortgage demand. Overall mortgage applicationContinue reading “Mortgage demand drops as interest rates hit a three-month high”

How to know the difference between legitimate debt collections and scams

Updated Sun, Jan 31 2021Megan DeMatteo It’s becoming increasingly difficult to tell the difference between a real business and a scam. Chances are, you’ve been on the receiving end of a suspicious phone call before, where someone posed as a legitimate representative in order to try to get your information. Sometimes, scammers give themselves awayContinue reading “How to know the difference between legitimate debt collections and scams”

Can the Banks Come After Me for Money If I File for Foreclosure?

ByMack Mitzsheva Defaulting on a home loan can have major financial consequences for the borrower. One form of default occurs when you don’t make your mortgage payments. When this occurs, the bank may decide to pursue a foreclosure on the property. Depending upon the state, the bank may be able to come after you forContinue reading “Can the Banks Come After Me for Money If I File for Foreclosure?”

Does the Home Inspection Happen Before or After the Offer?

By Brandon Cornett | December 10, 2019 | © HBI, all rights reserved Reader question: “We will be purchasing our first home in early 2020. My question has to do with the home inspection and offer process, and the timing of those two things. Does the home inspection usually happen before or after the offer isContinue reading “Does the Home Inspection Happen Before or After the Offer?”

How To Actually Teach Your Kid The Value Of Money

Raising a financially literate child doesn’t have to be difficult.By Taylor Pittman In a world of credit cards, online banking, tax codes, investments and retirement plans, keeping up with money can be tough for adults, and even more so for kids. So, for the many parents who want to teach their kid economic ideas and prepareContinue reading “How To Actually Teach Your Kid The Value Of Money”

Who’s Ready for Big Social Security Changes in 2021?

The pocketbooks of working Americans and retirees could be directly affected by these changes. Sean Williams(TMFUltraLong) The New Year may bring with it big changes. Promising late-stage coronavirus disease 2019 (COVID-19) vaccine results may soon end the pandemic. Meanwhile, President-elect Joe Biden’s inauguration on Jan. 20, 2021, will usher in a new era for politicsContinue reading “Who’s Ready for Big Social Security Changes in 2021?”