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Millions of people took advantage of the many adjustable-rate mortgage options offered a couple years ago. It seemed like a good idea at the time. Housing values were climbing, houses were being flipped at huge profits, and the low initial interest rates meant buyers could get into dream homes they couldn...

Most of the news coming out of the housing market is bad. Home values continue to tumble. The first quarter reports show a fourteen percent value loss over the past year. The national median home value is now the same as in 2005. There’s no doubt about it, it’s a buyer’s market. But, even though homeowners...

Just like millions of other Americans, I'm desparately but optimistically searching for an electric car that I can afford and that will be available before 2010 when most manufacturers are promising to be in production. No luck so far, but I'm learing a lot along the way. For instance, I've...

Mike, That is a good point. It seems that with the advances in battery technology derived from the computer and cell phone industries the day when we drive a full sized electric SUV may not be far off. To me the main issues is speed and safety. There is going to be some time at least where electric car...

Preparing a budget is tough enough; sticking to it is even harder. And then, to make things worse, the price of groceries has risen like a soufflé. Do you feel like someone just stuck their foot out into the aisle to deliberately trip you up? Here are some suggestions to keep you on track. If you haven...

If you’ve been breathlessly awaiting your tax rebate, you can exhale sooner than expected. The first of the direct deposits will be hitting the bank April 28, and by Monday, May 9 the paper checks will be in the mail. All $100 billion of the stimulus payments should be released into the economy by the...

Remember the movie "Ferris Bueller's Day Off"? If you do, then you also remember Ferris' boring economcis teacher, whose monotone delivery of "Bueller . . . Bueller . . . anyone . . . Bueller?" while taking attendance was recently ranked as one of the 50 most famous scenes...

I get a headache trying to figure out the financial media these days. Last week, the business pages were full of gloom-and-doom stories about the bad economy and how the housing mess is greasing the skids for a recession this year. I thought that the banking industry had pretty much contained the sub...