fha mortgage

How do you find a good home lender? How to find the best mortgage rates? These are some of the questions that popped up in Moolanomy Answers a few times. This is probably a good time to buy a house or refinance your existing mortgage, because interest rates are low and the housing market continues [...]

With all of the media attention that real estate and mortgages have demanded in recent years, it’s important to not forget the fundamentals. Nothing real has changed. I know the mortgage meltdown problem is real, but real estate is still valuable and not as scary to jump into as the media leads often states. There [...]

Reverse mortgages are one way senior homeowners who are 62 years and older may be able to tap the home equity.  A reverse mortgage gives the homeowner money they need without having to leave the house and without having to repay the loan until the owner dies, the home is sold, or the house is [...]

The financial terms below are commonly used throughout this web site.  Clicking on a term will send you to the term page with a brief definition and a list of articles related to the term.

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401(k)
529 Plan

Adjustable Rate Mortgage (ARM)
Alternative Income
Annual Percentage Rate (APR)
Annual Percentage Yield (APY)
Annuity
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Asset Allocation
Asset Location

Bond
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Budgeting

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Capital Gains
Certificate of Deposit (CD)
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Recently, Passive Dad asked me about free creative ideas to help friends facing foreclosure.  This is a timely topic since one factor that contributes to the current economic crisis is the rise in foreclosures. Basically, the teaser rate on many adjustable rate mortgages end, and homeowners found themselves unable to afford the new higher mortgage [...]

An FHA home loan is a mortgage loan fully insured through the Federal Housing Administration (FHA) and issued by FHA-approved lenders, such as a mortgage company, bank, savings and loan association, etc.

Photo by Jamoker via Flickr
An FHA loan has several key advantages over a traditional loan:

Lower down payment. An FHA loan usually requires just a [...]

There has been a lot of talk about the economic stimulus package and tax rebate among the personal finance bloggers last week. Today, I am going to shift gear a little and start talking about income tax return. Traditionally, I use TaxCut to prepare my tax, but this year I am going to try TaxCut [...]