MoneyWise | February 14, 2019

Bad Mortgage Advice

Show Notes

If you’re in the market to buy a house, odds are family and friends have given you plenty of advice on how to land your dream home. The problem is, some free advice is only worth what you pay for it. On this MoneyWise, Rob West and Steve Moore will debunk some of the bad mortgage advice you may hear. 

Then, they answer your questions at (800) 525-7000 and questions@moneywise.org about the following:

  • If you have an adult child who continues to run out of money who you've helped him in the past, what do you do?
  • What does it mean if your bank recently told you that your savings account has gone dormant?
  • If you're 79 and your husband recently passed away and left you a life insurance of $350,000, what should you do with that money? 

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