personal finance
Real: 40-year mortgages might not be a good deal
It's true: A 40-year mortgage can make your monthly house payment more affordable. But mortgage brokers say such long-term loans generally aren't the best choice for most borrowers because they typically come with a higher interest rate and cost more in interest over the lifetime of the loan.
Real: How to navigate a short sale
This spring, real estate sales began picking up in many U.S. markets as buyers snatched up homes at depressed price levels. But not all sales have been proceeding smoothly. As a rule, sales involving foreclosures and short sales take longer than usual to close because of their inherent complexity.
Networth: Don't share vacation plans on social media
When I was growing up, my parents insisted that we not talk about our vacation plans in public, lest someone overhear and break into our house while we were gone.
Debtadviser: Save by fixing your credit on your own
Dear Debt Adviser,
I'm considering paying a credit-repair company for its services, but I don't know much about the firm other than it charges $100 to join and $30 a month for erasing bad credit items from your credit report.
Real: Q and A for Home Affordable Modification trial
As if a borrower didn't face enough hurdles in the quest for a mortgage modification, now there is another. It's the required "trial period" of the federal government's Home Affordable Modification program, and it may be a feature of other mortgage modifications as well.
Recession likely to change how we use credit cards
For decades, the credit card has symbolized the American way of life, but this recession may force both the symbol and the reality to change.
Spooked by plunging home prices and mounting job losses, consumers have cut back on credit-card use, pumping less cash into an economy that depends on their ability and willingness to spend.
Books: Summer reading that can help financial health
Ah, it's here at last. The summer season has officially kicked off, and we're all a little itchy to grab some sunshine, hit the road or water, and just unwind. And after the economic winter we've had, who doesn't need a break?

