What's the difference between a mortgage and a credit card? A lot, right? One is a large sum of money you use to finance a home, another is a card that lets you borrow money to make purchases. What about the difference between a secured credit card and an unsecured credit card? A car loan and a student loan? Figuring out the characteristics of each and deciding which one makes sense for you can be enough to bring on a massive headache.
First-time home buyer Brett Singley, his wife Angelynn, and their children walked to their condo in Santa Clarita, Calif. A tight supply of houses for sale, along with rising prices and worries about higher mortgage rates, is making buying a home a challenge in some areas this season. Foreclosure News
Zombies, in this case, are zombie properties – vacant and abandoned homes that are not maintained during prolonged foreclosure proceedings. They can become cancers in otherwise decent neighborhoods and end up costing taxpayers plenty. Foreclosure News
From Freddie Mac's weekly survey: For the first time in six months, the 30-year fixed broke above the 4 percent line, this week averaging 4.04 percent. That's 5 basis points higher than last week's 3.99 percent. Foreclosure News
A little more than 10 months after the City Council vowed to crack down on so-called zombie homes in Portland neighborhoods, the first three are scheduled to be sold at a public foreclosure auction on April 17. The council's pledge came after a Portland Tribune series that found the city had not foreclosed on a…
Question: Chapter 13 bankruptcy time bomb: mortgage modifications revisited? So you had to file a Chapter 13 bankruptcy to avoid foreclosure while waiting for your modification to be approved. You went through the “wash, rinse, repeat” process of submitting your documents over and over while the foreclosure process started and almost finished. Foreclosure News
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Their stories may even inspire you to pay off your debt . Foreclosure News
