The Bureau of Labor Statistics says that the average American family spends $614 a month on automobiles. This includes finance payments, gasoline, repairs, and insurance.

Let’s relate that $614 per month to home buying.

Based on a 6.500 percent, fully-amortizing mortgage payment, that same $614 yields an equivalent of $97,000 in additional home purchasing [...]

Don’t mistake the reduction of a home’s listed price as a signal that something is wrong with the home.

In many parts of the country — the supply of homes for sale is outpacing the demand for homes. When supply exceeds demand, there is a downward pressure on price until a balance point is reached. [...]

Before paying down your mortgage balance with extra principal payments, be sure to plan carefully.

Think like the bank for a moment.

The biggest bank risk in lending to you is that you will suddenly stop paying your mortgage. In that event, the banks hope that you owe them as little as possible against the [...]

How “move-in ready” would you home be if you moved out today and took all of your possessions with you?

We sometimes lose sight of the fact that long after our personal affects are gone, we’ve still left our mark on a home. And a scratch. And a nick. And a ding.

Just because a [...]

Credit “piggybacking” used to be a handy way to boost a person’s credit score in order to help them get a home loan approval. Starting in September, it’s going the way of the Dodo bird.

Piggybacking involves linking one person’s strong credit rating to another person’s weak credit rating.

By adding the [...]

Summer is a time for road trips and if you’re among the many American families taking hitting the highways, add “fuel costs” into your vacation budget.

Crude oil prices have been increasing lately and that tends to lead to higher gas prices at the pump.

Depending on where your travels take you, you should [...]

The eco-friendly movement is all around us — have you seen the Green Earth concert? — but did you know that “going green” can also be a dollar-saver?

For example, 85% of the energy used by your washing machine is used to heat the water? Simply changing to cold water washing can be [...]

When you’re in transition between homes and your life is in boxes (literally), sometimes all you want to do is find a live Internet connection, login and check your email.

Over the past year, a plethora of restaurants, airports, hotels, and parks added free wi-fi access for their customers and the Web site wififreespot.com [...]

It’s a natural tendency to relegate “junk” around your home to the garage.

But, when selling a home, don’t forget the buyers pay as much attention to garages as to most other rooms in a house.

When touring your home and viewing your garage, these are just some of the questions that a buyer [...]

In honor of Independence Day, here are 13 little-known bits of trivia about the United States constitution, courtesy of constitutionfacts.com:

The first constitution was not known as the Declaration of Independence. It was called the Articles of Confederation. The U.S. Constitution has 4,400 words. It is the oldest and shortest written Constitution of any [...]