Word: mortgagees
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Crunch the numbers. In many parts of the country the rental market is soft too - thanks in part to shadow inventory like houses from Accidental Landlords. If you're paying $1,500 a month on your mortgage but can only rent it for $1,000, is renting the right...
Conventional wisdom says that if you want to be richer, a useful thing to do is get married. Life is cheaper when there's only one mortgage to pay and someone else can do certain tasks - cooking, say, or car repair - more efficiently than you. Research by Ohio State University...
Frankowski has been hit hard by the economic turmoil of the past year. Short of funds to make the trip, she painted an American flag on a pane of glass and asked people at her church to chip in toward her expenses, with one of them taking home the flag...
"That Ford was able to survive this harsh environment on its own is impressive, though much of the feat owes to a savvy decision in 2006 to mortgage all of its assets right down to its blue-oval trademark in exchange for $26 billion," says Toprak. "Taking out the mortgage...
Traders writing (i.e., selling) put options are, therefore, the insurers. But why should their opinions affect the most (mis)quoted measure of volatility, the VIX? Many justify using options pricing because options traders are supposedly more sophisticated investors; options are considered more complex than their underlying stocks. But these are...