What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. 401(k) profit sharing 2. Online job application tips 3. Illness and challenges 4. College freshman advice 5. Mortgage decisions 6.…
The MBA reports: Mortgage Applications Increase as Rates Hit New Low in MBA Weekly Survey The Refinance Index increased 2.8 percent from the previous week and is at its highest level since May 1, 2009. The seasonally adjusted Purchase Index increased 1.8 percent from one week earlier. … “Refinancing activity…
Naomi is trying to get a good picture of her actual spending and is using a very good process to get there. She’s run into a bit of a snag, though. I have reached a month of collecting receipts and preparing to organise it all in an Excel spreadsheet.…
What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Adding partner to credit cards 2. Partners and rentals 3. Healthy use of emergency funds 4. Services you’re not knowledgable…
As reported in the Sunday Telegraph , a new report by Superratings.com.au has shown that the global financial crisis continues to decimate the retirement incomes of senior Australians . Thousands of self-funded retirees have been forced to take cuts of up to 30 per cent in their superannuation pensions , and…
Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. One of the most interesting parts of being a popular internet writer that reviews a lot of books is that, over time, I’ve wound up on the mailing lists of various publishing companies. They…
Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, two years ago this week, and three years ago…
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions… Q. I am in my early 20s and have been at my current job for 3 years now. I…
Tomorrow the Q2 GDP revision will be released, Fed Chairman Ben Bernanke will speak at the Jackson Hole conference, and perhaps the FDIC will release the Q2 Quarterly Banking Profile … From Binyamin Applebaum at the NY Times Economix: An Autopsy of Fannie Mae and Freddie Mac Here’s a…
The lowest mortgage rates in nearly 40 years could give the economy the boost it needs to get back on track for solid growth in the next year, Wells Fargo Bank’s chief financial officer said today. Howard Atkins Many experts think the dramatic drop in 30-year fixed-rate mortgages to…