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Personal finance news - CNNMoney.com
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Keeping wealth in the family
Lisa and Bruce Brown are fortunate enough to have plenty of assets to protect. Foremost of these is their children: The Browns are the proud parents of four-year-old Emma, and they have another baby on the way. The Oakland couple also have considerable assets of the financial variety. Thanks to diligent saving and smart property investments, the Browns have a net worth of nearly $2 million.
Publ.Date : Wed, 31 Dec 2008 13:09:06 EST

Life after a six-figure salary
Happy new year and welcome to your new job. One that pays 30%, 50%, 70% less than your old one.
Publ.Date : Fri, 02 Jan 2009 06:26:42 EST

Macy's reports overcharging customers
Some Macy's stores overcharged holiday shoppers who used debit cards to make purchases on one of the busiest shopping days of the year.
Publ.Date : Fri, 02 Jan 2009 15:27:22 EST

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Mortgages refinance option - best when the rates are low!

Need for money is there always for everyone - say for paying off some mortgages, home improvement, education for children, or even a vacation. To meet these needs, raising a loan using the mortgages refinance is one option. Equity held on the Mortgage or mortgages loan could be used as a security to raise these types of mortgages refinance loans.

The timing is most important if one wants to save some money. When the interest rates are low, it would be the best time to go in for mortgages refinance option. A deal could be worked out with the lender using the equity on the mortgages held by the individual. One thumb rule that needs consideration in these mortgages refinance option is that the prevailing interest rates should be at least 2 percentage points below the rate at which the original mortgages were taken. Substantial savings could be realized with this type of mortgages refinance option.

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