Questions from Personal Finance


Q: Mortgage Default. What does it mean to default on a mortgage

Mortgage Default. What does it mean to default on a mortgage? How do changing home values affect mortgage defaults?

See Answer

Q: Mortgage Preapproval. What does it mean to be preapproved for a

Mortgage Preapproval. What does it mean to be preapproved for a mortgage? Why is it beneficial to get preapproved for a mortgage?

See Answer

Q: Economic Conditions and Job Stability. How do economic conditions and the

Economic Conditions and Job Stability. How do economic conditions and the stability of your job affect the home buying decision?

See Answer

Q: Real Estate Agents. What services do real estate agents and brokers

Real Estate Agents. What services do real estate agents and brokers provide?

See Answer

Q: No-Fault Auto Insurance. What is a no-fault

No-Fault Auto Insurance. What is a no-fault auto insurance program? How do no-fault insurance affect personal injury litigation?

See Answer

Q: Future Value and Motivation. Monica intends to invest $400 a

Future Value and Motivation. Monica intends to invest $400 a month in her company’s retirement plan. The company will match the entire amount. How much will Monica have in her retirement account after...

See Answer

Q: Uninsured Motorist Coverage. What is uninsured motorist coverage? Why is

Uninsured Motorist Coverage. What is uninsured motorist coverage? Why is this coverage necessary?

See Answer

Q: Cash Value Insurance. What is a “cash value” homeowner’s

Cash Value Insurance. What is a “cash value” homeowner’s policy? What is a “replacement cost” homeowner’s policy?

See Answer

Q: Personal Property Floater. What is a personal property floater? What

Personal Property Floater. What is a personal property floater? What are some common items homeowners add floaters to cover?

See Answer

Q: Risk Avoidance. What does it mean to avoid risk? How

Risk Avoidance. What does it mean to avoid risk? How can you apply this knowledge to your personal situation?

See Answer