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Winning the Mortgage Refinance Game

It’s very satisfying when your home mortgage hits its sweet spot, when more of your monthly payment is applied toward the principal than the interest. It takes years to get there. You may throw a mortgage burning party when you finally pay off the loan, but you can start preparing ...

Refinancing a Mortgage, But Paying it Off Early

It’s very satisfying when your home mortgage hits its sweet spot, when more of your monthly payment is applied toward the principal than the interest. It takes years to get there. You may throw a mortgage burning party when you finally pay off the loan, but you can start preparing ...

Customers’ Favorite Credit Card Company

American Express topped the J.D. Power and Associates’ Credit Card Satisfaction Study for a fourth year in the row. The study, released this month, is based on responses from more than 8,500 credit card users. Respondents were asked about their satisfaction with credit card terms, billing and payment processes, benefits ...

Questions About Setting Up a Will

Let’s assume that you’ll live to a ripe old age and die peacefully in your sleep. Or not. And if not, isn’t it time to think about getting your will done? It’s one of those tasks that many people tend to put off, for obvious reasons. But at least one ...

A New Way to Shop for Credit Cards

If you’re in the market for a new credit card and want to sort through more options than most other  credit card comparison sites offer, NerdWallet.com is worth a look. The new site is trying to differentiate itself in the crowded credit card comparison space by filtering  more than 400 ...

A New Way to Shop for Credit Cards

If you’re in the market for a new credit card and want to sort through more options than most other  credit card comparison sites offer, NerdWallet.com is worth a look. The new site is trying to differentiate itself in the crowded credit card comparison space by filtering  more than 400 ...

Wells Fargo’s Odd Mortgage Essay Question

When Linda Falcão applied for a mortgage from Wells Fargo, she didn’t realize she would be required to write the type of essay that’s more commonly included with a college application. So she and her husband, Kemuel Ronis, were taken by surprise when Wells Fargo asked the couple, both 50, ...

Mortgages: New Online Help From Fannie Mae

SINCE foreclosures started to rise sharply in 2007, struggling borrowers have been offered a lot of help online. Some is well-meaning, but some is simply a scam in the form of expensive “debt relief” services that may be offered free elsewhere. This month Fannie Mae, the government-sponsored entity that helps ...

Your Money: Can Smart Money Management Be Sexy?

Earlier this month, the Commerce Department reported that the personal savings rate in June was a much-improved 6.4 percent and that the number had risen as high as 8.2 percent in the depths of the stock market doldrums in the spring of 2009. Those who are single may not have ...

How a Life Insurance Consultant Set Up His Own Policies

Peter Katt, a fee-only life insurance consultant based in Mattawan, Michigan, has bought $6 million worth of life insurance, as much as insurers will allow him to get based on his income and net worth. Why so much? The 64-year-old has a 47-year-old wife and a 13-year-old son and is ...

How Mutual Fund Managers Are Like Cigarette Makers

Last week, my colleague Tara Siegel Bernard wrote about a recent Morningstar study that found that expenses were the most dependable predictor of fund performance and actually helped investors make better decisions than Morningstar’s star-rating system. Then, on Tuesday, Carl Richards wrote about how the study’s results stacked up with ...

A Consumer Reports for the Cheap

Back in late 2008, Max Levitte was looking for a vacuum to clean up the one rug in his New York apartment. He searched online for reviews of really cheap vacuums, but all of the recommended vacuums he could find were in the $150 to $250 range — an amount ...