LOS ANGELES _ In Venice Beach, 25-year-old Snapchat co-founder Bobby Murphy has bought a new two-bedroom house for $2.1 million, or nearly double the median price of homes in the neighborhood.
Each month, many a renter digs through a loose assortment of stubby pencils and uncapped pens, crinkled take-out menus, orange-handled scissors, old batteries, and half-used rolls of tape hunting for a checkbook _ untouched since its last use 30 days ago _ to pay the rent.
Payday loans appear to be growing in importance. The spam folder in my email register now seems to have as many solicitations for payday loans as for home mortgages. The Internet is a more cost-effective way of marketing payday loans than the traditional storefront. In addition, a number of banks have entered the market in recent years with "deposit advances," which are essentially the same as payday loans.
QUESTION: I am self-employed and make a good living. I want to buy a house, but it's hard to document my income. So I've been getting turned down for a mortgage, even though I'm willing to make a large down payment. Any hope for me?
The federal government announced Friday it's lowering home loan limits in many areas across the country next year.
What should be done with Fannie Mae and Freddie Mac?
QUESTION: We have an unruly owner who attends every association meeting. The owner heckles, laughs inappropriately and answers questions that are posed to board members. We are told by the board president that as an owner, she has a right to be there, and we should just ignore her. Many owners no longer come to the meetings and others leave early because of this woman's behavior. Now we can't obtain a quorum because of lack of attendance. Is there anything that can be done?
With one daughter in college and another in high school, Guy Hempel and Cherina Rossi face years of tuition payments.
At first glance, the pint-sized cypress-wood cabin Emily Faulconer is building looks like a hand-hewn, portable home for hobbits.
SACRAMENTO, Calif. _ With a baby on the way earlier this year, Jeff and Meredith Schaff decided they needed more room than their small three-bedroom, one-bath starter home could provide.