Homes & Mortgages

Should you refinance your mortgage?

January 20, 2016

Rising interest rates may have you thinking about refinancing your mortgage but there's a lot more to consider.

Will You Have to Pay Capital Gains Taxes on the Sale of Your Home?

July 1, 2015

There are generous exclusions for capital gains on the sale of a home—but timing is crucial.
Seven Potential Costs of Owning a Home that Should Factor Into Your Budget

March 04, 2015

You've got the down payment and mortgage covered—but have you budgeted for the extra costs of owning a home? Here are seven to definitely consider.

Can You Dip Into Your IRA to Buy a First Home? Should You?

September 17, 2014

The IRS says you can use IRA money penalty-free for a first home purchase. But that doesn't mean it's a good idea.

Buy or Rent? And Where to Park Your Down Payment until You Decide?

July 2, 2014

Deciding to buy or rent is a big decision. So is deciding what to do with your down payment in the meantime.
What's the Best Way to Pay for a Home Renovation?

March 26, 2014

A 401(k) loan may sound appealing, but it's not the only—nor the best—way to get the cash for a home remodel.
Paying Off the Mortgage: A Good Investment?

October 13, 2010

If you're retired, should you use some of your capital to eliminate your mortgage? Or keep your capital working in the markets?
Trading Spaces: When Does It Make Sense to Buy a Smaller House?

May 26, 2010

Home ownership is the largest monthly budget item for most people. Trading down to a smaller house may be an opportunity to save some serious money.
Mortgage Question: He Says Pay It Off, She Says Why Now?

March 24, 2010

When spouses are at different ages, the question of whether to pay off a mortgage can be less about the debt and more about the future.
Does It Make Sense to Pay Off Your Mortgage?

July 15, 2009

You have the cash to pay off your mortgage early. Should you? It's a balance of practical considerations and your peace of mind.
You Want to Buy a House—Can Your Roth IRA Help Make That Dream Come True?

May 7, 2009

Many Roth IRA investors can access their account to help with a down payment on a first home without triggering taxes or penalties—but does that make it a good idea?

The information on this website is for educational purposes only. It is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner or investment manager.

Turning 50?

Get financial answers for this important stage of life.

New Book

Your Feedback

Do you have a question or comment about family finances?

Let Us Know