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Of Mutual Interest: U.S. and world markets both still viable
While Wall Street is still debating which economies abroad might join the U.S. in a slowdown, investors shouldn't wait for an answer.
Surviving a foreclosure cushioned by planning
These days, record-breaking foreclosure statistics are coming out with numbing frequency. But what happens to the thousands of families after their personal financial disaster is added to the mounting national count?
SATURDAY, AUGUST 30, 2008
Of Mutual Interest: Big swings in the stock market are unnerving, but not unusual
THE STOCK MARKET'S swings have made it a tough year for investors who check the balances on their retirement accounts with any frequency. But as painful as they might seem, the gyrations aren't all that unusual.
Why haven't mortgage rates dropped this year?
The Federal Reserve began to slash short-term interest rates almost a year ago. Yet we have higher mortgage rates now than we had then. What gives?
Financial gap hits women two ways
Michelle Singletary: IN THE 1970s, there was an Enjoli perfume commercial showing a woman, clutching a fist full of money, who proclaimed she could bring home the bacon and fry it up in a pan.
SATURDAY, AUGUST 23, 2008
Of Mutual Interest: Small-cap gains raise hopes for economic recovery -- but be wary
When Wall Street gets a whiff of recovery in small-capitalization stocks, hopeful questions often pop up about whether a nascent rebound for the overall market is taking hold.
Down-payment aid program on verge of expiring
A countdown clock on a Web site operated by Nehemiah Corp. of America is ticking off the days, hours, minutes and seconds until a new government ban will terminate virtually all seller-funded, down-payment assistance programs in the United States.
Taxpayer advocate gives IRS a report card
Michelle Singletary: NINA OLSON, the official appointed to speak on behalf of U.S. taxpayers, has a few major gripes about the Internal Revenue Service. Among them, she believes the agency needs to better protect victims of tax-related identity theft and should get more information out to homeowners about a new law eliminating taxes on debt canceled as a result of foreclosure.
SATURDAY, AUGUST 16, 2008
In weak market, breaking up is harder to do
Divorce is rarely an easy process. But falling home values and sluggish real estate sales are combining to make it particularly difficult right now.
Loan isn't worth it if you don't need it
Michelle Singletary: LOTS OF FOLKS have been asking me if the much-touted first-time home-buyer tax credit is worth taking.
Of Mutual Interest: Easing inflation could revive bonds
Investors who rushed to the relative safety of bond funds when the stock market began to stagger last year might have felt they had outrun the troubles in equities -- only to face the new threat of inflation when oil prices started soaring. But with the cost of crude now falling, some fixed-income investors could now find themselves in an enviable position.
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