As the coronavirus crisis pushes down real estate values and deals fall apart, investors stand to lose millions, and may even get hit with extra penalties.
The real estate market is challenging this spring — all the more so because lenders are checking, and rechecking, borrowers’ finances in response to the economic turmoil of the pandemic.
Did you apply for undergraduate admission for the fall 2020 semester? Did you write an essay about money, work or social class? We’d like to read it and perhaps publish it.
Your instinct may be to help right now, in cash. These services bridge the gap between Venmoing someone from Twitter and a check to a big charity that could steer that money anywhere.
As business executives curtail their travel, jet service providers are shifting to meet the demand from people concerned about getting on a commercial flight.
A study by Morningstar found that losses particularly affected families with younger children who opted for age-based investments heavily weighted in stocks.
These shows will help you weather the financial storm with your sanity intact.
Emergency programs have cushioned the shutdown’s impact on workers and businesses and lifted the economy, but may not outlast the coronavirus crisis.
Emergency programs have cushioned the shutdown’s impact on workers and businesses and lifted the economy, but may not outlast the coronavirus crisis.
Interest in financial therapy rose after the 2008 recession, as Americans confronted their fears about money. The field has become relevant again, professionals say.
It will drop to 2.75 percent for new loans for undergraduates. That’s a “silver lining” of the current economic turmoil, an advocate said.
Even those financially unaffected by the coronavirus shutdown don’t foresee a rapid rebound for the economy, a Times survey finds.
America’s favorite financial adviser was trying on retirement. Then came economic Armageddon.
Call centers are short staffed, and employees are scattered. Mistakes are inevitable. Document any changes and offers of relief, just to be safe.
When you borrow, low interest rates are fabulous. But if you need to live on your savings, you will be receiving far less income.
Advisers say taxpayers facing residency questions because of quarantine orders need to keep detailed records to explain where they lived, for how long and why.
That’s an improvement over the normal once-a-year limit. While it won’t fix potential credit woes, it can be a helpful tool to stay on top of your finances.
The change in plans for the $600 billion Thrift Savings Plan for federal workers comes as the Trump administration ramps up criticism of China.
Many newly unemployed Americans may have to dip into retirement funds to cover expenses. Even if you don’t, you have some decisions to make.
After-school programs are closed. Day care centers are shut down. Summer camp might not happen. If you’re stuck with money you can’t use, you’ll lose it.
Courts are closed or operating on a limited basis, complicating efforts to end a marriage or renegotiate spousal support.
A new study says the lawsuits were already the most common civil cases in many states. Now, even more people are in financial trouble.
Ron Lieber, the Your Money columnist, and Tara Siegel-Bernard, a personal finance reporter for The Times, shared some of their best advice and their own financial strategies.