One upside to the recent stock market slide is that interest rates have dropped, which means now is a terrific time to either re-finance an existing mortgage or purchase a new home with a shiny, low interest-rate loan. Yes, you still need very good credit to qualify, but if that's not a problem, it's time to get busy!
Jill Schlesinger
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Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.
