New mortgage rules are going into effect Jan. 10 to protect homeowners and investors from the kinds of risky mortgages that were sold during the recent real estate bubble and led so many people into foreclosure.
Credit & Debt
Mortgage interest rates are probably headed up. The better the economy gets, the more apt they are to rise. Experts predict rates will hit 5 percent in 2014 and 5.3 percent in 2015.
It’s a common situation: You take out joint credit or co-sign a loan, then wish you hadn’t. What can be done? Usually, not much. But there may be hope.
Can a bad debt that’s been sent to collections get you deported or keep you from being allowed to re-enter the United States, a worried reader asks.
The annual fee is a bit high but the rewards of this new card are very generous.
There’s a catch. After those first five years, things change. The size of your monthly payment can swell or shrink as interest rates rise and fall.
If you have wondered how other people juggle multiple credit cards, wonder no more.