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Few employers offering Roth 401(k)  A survey shows only 17 percent of employers will make it available this year.read more...


Irvine home mortgage lender is target of probe  Irvine-based New Century Financial Corp. said Wednesday it has received cease-and-desist orders from banking regulators in four states, claiming some subsidiaries of the troubled subprime mortgage lender have ...Commentread more...


Mortgage Meltdown Affects Charlotte Market, Opportunity for Some (WBTV Charlotte)  There are signs the mortgage meltdown may be starting to impact the Charlotte region.read more...


Real Estate Calendar    Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public. read more...


Target Recalls Jeweled Candles  Target is recalling about 17,000 pillar candles with jewels. The retailer says paint coating on the outside of the candle can ignite, posing a fire hazard.read more...


Bus touring area to help homebuyers  A 40-foot bus will tour the Tri-State this week to provide home-buying resources and information for homeowners or prospective homeowners.via

August 30th, 2007

Should Buyers Pay Cash for Home Or Get a Mortgage and Invest?

A retired couple looking to downsize weigh buying a new house outright against securing a mortgage and investing in stocks and bonds. June Fletcher outlines the pros and cons of both strategies.





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