Posts tagged as:

mortgage

7 Unexpected Ways Your Credit Score Affects Your Finances

by DR

We all know just how important our credit score is when we apply for a loan. High credit scores get approved, while low scores do not, subject to other factors of course. But as it turns out, your credit score and credit history affect a lot more than whether you get approved for [...]

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Warning: Your home equity line of credit may evaporate in an emergency

by DR

Your home equity line of credit can be reduced or canceled if your finances take a turn for the worse, which reminds me of the Seinfeld episode when George Costanza pushed an elderly woman, a clown and a room full of children out of his way so he could escape what he thought was a [...]

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How to Prevent Another Subprime Mortgage Debacle (or, “What My Dad Knew Long Ago”)

by DR

This is a guest post from a good friend and former colleague named Peter. If you’d like to write for TDR, please drop me a line.
Photo Credit: woodleywonderworksRemember when “junk bond” was a dirty word? People and companies bought these newfangled high-interest rate bonds without fully appreciating that the interest rates were high [...]

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Don’t Steal from St. Peter!

by DR

Last week, FiveCentNickel answered a reader’s question about whether one should cash out a Roth IRA to pay off a mortgage. FCN’s answer was the right one, I believe, and you can read it here. The question is of interest to me because my mom has asked me the same thing. My [...]

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