Archive for June, 2007



Saving for a Downpayment

Check out this great video from CNN.com about saving for a downpayment on a new home, including how to weigh investment risk given a set amount of time before the purchase.

Those of you who can remember your economics class in high school will be happy to know that the basic laws of supply and demand still apply to the real world, especially to the real estate market right now. The general slowdown in the market means that inventory, i.e. supply, is up, meaning that [...]

Don’t Re-Fi Too Soon

If you’ve considered refinancing your home, you may have heard the advice that you should base your decision on a fairly simple equation: if the upfront costs of refinancing your mortage are less than the potential savings on monthly payments, you should refinance. But this article in the Tribune says that calculation is too [...]