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Key Factors to Consider on Interest-Only Mortgages

By Alex Veiga | Aug 28
The loans can lower monthly mortgage payments by letting borrowers put off paying the principal on their loan for several years. When the interest-only period ends, the borrower's monthly payment spikes.

Average US Rate on 30-Year Mortgage Drops to 3.84 Pct

REAL ESTATE | Sep 1
Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China.

Key Factors to Consider on Interest-Only Mortgages

REAL ESTATE | By Alex Veiga | Aug 28
The loans can lower monthly mortgage payments by letting borrowers put off paying the principal on their loan for several years. When the interest-only period ends, the borrower's monthly payment spikes.

Stay the Course: Fund Managers Hold Steady as Markets Tumble

SAVING | By Stan Choe | Aug 27
When markets around the world started falling last week, the first reaction of stock-fund manager Craig Hodges was to do nothing. It wasn't until Monday morning, as the Dow Jones industrial average plummeted when Hodges was ready to make a move.

Wall Street's Wild Ride

SAVING | Aug 26
David Nelson, Chief Strategist at Belpointe Asset Management, discuss what's happening in the financial markets.

Q&A: What a Stock Market 'Correction' Means to You

SAVING | Aug 26
The stock market's steep decline this month has pushed the Dow Jones industrial average, the Standard & Poor's 500 index and the Nasdaq composite into what is known as "correction" territory.