Are you looking for a credit card that gives you cash back? Cash back credit cards are becoming more and more popular. The terms of these cards are getting better at the same time.
What to look for when choosing a cash back credit card:
1. Annual Fee on the credit card
2. Percentage [...]

Each point paid on a 30-year mortgage normally lowers the interest rate by 0.125 percent. That means a 6.5 percent rate would be lowered to 6.375 percent if you purchase one point on our mortgage.

So figure out how much the point costs you and then find your break even point. Figure out how much you are saving each month by paying for the point and divide the amount paid to find out how many months to break even by purchasing the point on your mortgage.

If it is longer than you plan on staying in the home, it would not be wise to buy points on your mortgage. If you plan on staying longer than the cost of the point then it is often times a good decision to purchase the point.

Also points are tax deductible in the year that you pay them. So this is often times nice as well when looking for tax deductions.

I am purchasing a point and negotiated for a little over a half a point free. This was tough to get, but was worth the persuading of my loan officer.

The Commerce Department just released its 2006 personal-savings figures. People didn’t save. In fact, nationwide they spent 1 percent more than they earned. That’s the poorest showing since the Great Depression, and it’s getting worse. So if you feel you’re contributing to this troubling trend, I have some ideas to help.
The facts suggest we all [...]

Negotiating should be a win-win situation. Everyone should pay what is fair, and the other side should receive what is fair. If we all had this win-win attitude the art of negotiating would be better. But what is a win-win? How do you figure it?
Remember the goal isn’t just getting the [...]

House Hunting Continues
My house hunting days continued today. It ended around 7:15 tonight with an offer made on a 3200 square foot home with a pool and very large yard. The market has been heating up here in North Houston / Woodlands area the past couple of weeks. Homes got quite a [...]

The family back at home will also be tempted to spend more. I am not there so it is a bit easier to eat out than cook something. My wife is busily packing the home and thus cooking is not appealing. yet with some sacrifices we can make money over the next 4 6 weeks as we close on a home.

So take the little chances to save money. I should come out over $400 - $800 a head in this transition time.