Personal Finance News

Mortgage rates edge up; Housing market still slow (AP)
AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

Retire Rich While Others Work Forever (The Motley Fool)
The Motley Fool - The looming cloud hanging over our collective financial future has a big, fat silver lining -- if you bother to look for it.

3 Texas men indicted in Va. in $103M scam (AP)
AP - A federal grand jury in Richmond has indicted three Texas men for allegedly defrauding investors in their life insurance settlement businesses.

FDIC's Bair warns of government "exposure" in mortgages (Reuters)
Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.

Financial crisis panel tells NV leaders to be bold (AP)

Members of the Financial Crisis Inquiry Commission, from left, John Thompson and Phil Angelides listen to testimony from banking executives, analysts and public officials Wednesday, Sept. 8, 2010, in Las Vegas as part of its national effort to examine causes for the financial meltdown that led to the Great Recession.  (AP Photo/Julie Jacobson)AP - From mortgage problems to education and budget issues, Nevada leaders on Wednesday delivered a sobering assessment of the state's future as a result of the Great Recession during seven hours of testimony before a federal panel investigating the country's financial meltdown.


Need a vacation? Many Americans don't go
Need of a vacation? You are not alone but more than half of Americans do not take all their vacation days, even though they think they need a holiday more this year than last.


United States - Vacation rental - Lodging - Travel and Tourism - Islands

Reclusive heiress's attorney lashes out at family

Attorney Wallace Elderly heiress Huguette Clark's attorney has responded to an effort by her relatives to oust him by ridiculing them as Johnny-come-latelies. Msnbc.com's Bill Dedman reports.





United States - Bill Dedman - Msnbc.com - Law - Huguette Clark

Money 911: What you should do with your ‘old’ IRA
If you've recently left a job or been laid off, you may be wondering if it makes sense to convert your old 401(k) into a Roth IRA.


Roth IRA - 401(k) - Retirement - Individual Retirement Account - Personal finance

33,000-penny property tax payment refused
A businessman who tried to pay a property tax bill with 33,000 pennies got turned down by a county treasurer in Washington state, who said she didn't have the staff to count them.


Washington - Property tax - United States - Businessperson - Business and Economy

The best cash-back card around
Do you pay off your credit card balances in full every month? Do you like tax-free income? Then here’s a deal for you: the best cash-back credit card out there.


Credit card - Business - Personal finance - Financial services - Credit

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