Personal Finance

Housing Prices Dip for the Fourth Time in Three Years

After the Great Recession, there were some pundits who theorized that real estate would make a W-shaped recovery. With the S&P/Case-Shiller housing prices out this morning, it’s now clear that there are not one but two W’s in the chart — and that’s not a good thing. Index prices fell 1.1% from November to December. In other words, …

Rent Was Too Damn High. Now It’s Even Higher

The data on housing costs isn’t pretty. Most experts recommend spending no more than one-third of your income on housing, and yet, in a new study, nearly one in four American households now spends more than half of its income on …

How to Ask For a Higher Credit Limit

If you’re a credit card customer with an account in good standing, this is a good time to ask for a credit limit increase. After the financial crisis in 2008, issuers got very stingy with credit, cutting limits or closing …

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