Word: mortgagee
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The more cynical political operatives note that Republican control of both houses could come with a cost: Bush can't blame the Democrats for whatever voters might be unhappy about come 2004, whether it's a war gone bad, the Dow at 3000 or household health-care costs that rival...
DIRECT DEBITING By far the easiest solution, direct debiting is authorizing a creditor to reach its electronic fingers into your checking account and pull out money every month. It works best when the amount due is fixed, as it is with your mortgage, health-club dues and car payment--even...
5.99% Current average interest rate on a 30-year mortgage
However difficult it may be, notes Keith Gumbinger of mortgage-information publisher HSH Associates, it's key to your financial future that you face this problem head on. He says, "The worst thing you can do is run and hide."
As the housing market has defied the economic slump, so have the stocks of homebuilders, home-renovation stores and mortgage lenders. But is it time to dump these stocks? Fund manager Ron Muhlenkamp says Lowe's, whose stock has risen 42% in the past 12 months, no longer looks like...