Money advice: Pay mortgage early, or invest?

Also: What to do if your credit scores are very different. Dear Liz: Should you pay off your mortgage or keep a sudden financial windfall? I'm in that situation and was surprised to find that financial experts, including you, generally recommend investing the cash. I understand the attraction of the argument but am not sure the assumptions hold water.

Mistakes first-time homebuyers make

First-time homebuyers almost always make a few mistakes when buying their home. Perhaps they pay too much, choose the wrong type of mortgage or neglect to budget for needed home improvements. Working with a trustworthy, experienced lender can help prevent such mistakes. But consumers also need to take responsibility for their budgets and choices. Before buying a home, consumers need to develop ...

MGIC Investment Corporation Reports Second Quarter 2010 Results

MGIC Investment Corporation today reported net income for the quarter ended June 30, 2010 of $24.6 million, compared with a net loss of $339.8 million for the same quarter a year ago.

Sub-500 FICO? No FHA loan for you

The once wide-open doorway to homeownership closed a teensy bit more this week when a key government agency announced a proposal to no longer allow mortgages for borrowers with very low credit scores.

Low credit scores growing among consumers

Swiping and signing. When it comes to credit rankings more consumers are finding themselves in hot water. So what can you do to make sure your credit score stays solid?