Caution Urges Time to Think on Interest-Only Mortgages
Financial planners warn that switching to an interest-only loan or taking cash out against home equity can tempt overspending and risk. Benefits include lower payments and potential investment gains but sharp risks if income drops or markets falter. Experts stress individual evaluation and avoiding conflicts of interest by lenders. Humberto Cruz note included.
MENTIONED IN THIS ARTICLE
Ing
Mari B. Adam
Boca Raton
Fla
The Color of Money Buying Premium Home Appliances
The column discusses consumer willingness to pay for high end items like Maytag Neptune dryers and front loading washers. It cites a Boston Consulting Group survey showing quality purchases as rewarding hard work, while noting mixed reviews on hype and the need to research and budget.
MENTIONED IN THIS ARTICLE
Neptune
Boston Consulting Group
BCG
Five minutes daily to tidy finances and reduce stress
The piece urges five minutes a day to organize finances with tips from Visa USA and Christy Best. It recommends filing, online bill payment, storing receipts, tracking spending, and monthly budgets to prevent overwhelm and promote healthier work life balance. Dr. Mel Borins links heavy workloads to stress and advocates vacations to restore health.
MENTIONED IN THIS ARTICLE
Visa USA
Christy Best
Clutterbug Internet Network
Toronto
Mel Borins
Borins
California plan opens carpool lanes to hybrid cars
Gov Arnold Schwarzenegger proposes a measure allowing hybrid cars to use freeway carpool lanes with a single occupant during rush hour. The bill awaits federal approval, as transportation officials in Washington push a separate plan to permit hybrids in carpool lanes.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
Arnold Schwarzenegger
Also Mentioned on This Page
Humberto Cruz
Adams
AskHumberto
Aol.com
Tribune Media Services
Michigan Ave
Chicago
Michelle Singletary
Maytag
Npr.org
The
Washington Post
15Th St
N.W
Washington, D.C
Singletarym
Washpost.com
First Federal Savings of
Lorain
Federal Savings of Lorain
Oberlin Ave
Main St
Erie Island
St Lorain
E. Perry
Port Clinton
Firstfediorain.com
FDIC
California
Chronicle
Visa
Mastercard
Emily McKenna
the Chronicle
P.O
East Ave
Elyria
Ohio
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