Once you've reached that financial sweet spot, here are 9 ways to put the extra money you'll have to good use.
Just like homeowners, some congregations used risky financing to buy property. Now, values have collapsed, congregations have shrunk and huge balloon payments are coming due.
Homeowners are likely to feel the impact of a nearby foreclosure on their own property values.
The FHA is raising its mortgage insurance rates. Again. And that's only one piece of a trend in rising mortgage fees.
Look past national headlines about the continuing decline of housing prices and focus on your local market. It's likely recovering nicely already.
Central to this question is how long you plan to stay in your home.
Critics are having a field day. Do you think the $26 billion deal will help homeowners injured by bank misbehavior? Do you think there was misbehavior?
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Saving just a single month of expenses may take longer than you think. See how your savings rate affects how quickly you can build a solid emergency fund.
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