Inviting a foreign student to live in your home is nothing new concept, but for households that are feeling a bit strapped these days, it may offer a way to earn some modest additional income in a tough economy.
It's a legitimate money tool, but some scam artists have used the concept to prey on seniors, as well.
Nearly one in ten mortgage owners owes more on that loan then their home is worth. Their numbers may be growing, but help may be on the way soon.
FROM THESTREET.COM: With all the headlines in recent times about Federal Reserve rate cuts, it’s easy to jump to the wrong conclusion: that you can afford to wait to refinance your home.
But that’s a dangerous position to take. It’s one thing to speculate with interest rate futures. It’s quite another to gamble with the roof over your head.