Tag: Mortgage Planning/Trends

My father died recently, leaving me and two siblings a house with no mortgage. Should we sell it?

Dear MarketWatch, My father died recently and left me and two siblings a house with no mortgage. I am in the process of being declared...

Opinion: Should seniors get reverse mortgages?

I keep seeing Tom Selleck and Henry Winkler on TV hawking reverse mortgages. I’m pretty sure “Magnum P.I.” and “Fonzie,” now 76 and 75, respectively,...

My in-laws are still paying off the mortgage on two homes and want to build a third. What should they do?

I read your posts often and never would’ve thought I’d be emailing you one day. I’m reaching out to get your thoughts on what my...

I’m a renter, but I also own an investment property. Should I cash out the equity to buy my own home?

Dear MarketWatch, I bought a house in my home state seven years ago. I purchased the home using an FHA loan and down payment assistance....

Mortgage rates drop back below 3% — here’s how much Americans could save by refinancing

Benchmark mortgage rates again dropped below 3%, giving Americans yet another opportunity to refinance, and lock in historically low financing. The 30-year fixed-rate mortgage averaged...

I’m a disabled police officer. My wife persuaded me to sign quit-claim deed so she could refinance our home at a better rate. Now she’s hinting at divorce

I have been married for almost thirty years. I worked the first nine years of our marriage, I was a police officer, and became disabled....

My parents made my sister executor of their $4 million estate, and joint owner of their bank accounts. Should I be worried?

Dear Quentin, I just found out that my parents (who are in their mid 80s) have named my sister as their successor trustee, and executor...

My second husband, 86, and I have 12 kids between us. He wants me to leave him everything — and will pass on the inheritance to my 5 children

My second husband, previously divorced, is 86 years old and has been putting off setting up a trust for 10 years. We have 12 children...

I’m 30. My wife is 34. We saved $350K and I have $350K saved for retirement. Should we pay cash for a home — or take out a mortgage and invest it?

Dear Quentin, After finishing graduate school, my wife and I decided to pay off all our debt before buying a home, or anything for that...

I found an old lien on my home from a past refinance. How do I get rid of it?

‘The Big Move’ is a MarketWatch column looking at the ins and outs of real estate, from navigating the search for a new home to...

Mortgage rates soar above 3% — how high can they go before they scare off homebuyers?

Interest rates are rising quickly, and that has some worried about the effect that movement will have on the U.S. real-estate market. But one analyst...

Federal regulators want to ‘modernize’ home appraisals — that could put some consumers at a disadvantage

A federal watchdog agency is investigating ways to modernize the process used to determine how much a home is worth. The Federal Housing Finance Agency,...

I’m 65, have $500,000 in cash, no ‘impressive’ work résumé and am terrified of investing — can I retire?

I’ll turn 65 in December, and I’d LOVE to retire. First, the good news:– I’m single and have no dependents (not even a pet). – I...

I’m 60, my wife thinks ‘money is for spending,’ I just lost my job and plan to retire — how can we avoid money fights?

I’m 60 years old and recently lost my job of 20 years. Given my age and the current economic climate, I’m looking at the possibility...

Mortgage rates dip slightly as Americans rush to refinance their home loans

Mortgage rates are flirting with another record low — and that means the boom in refinancing has not yet finished. The 30-year fixed-rate mortgage averaged...