Foreclosure Story: What Does The Process Look Like? at Dr Housing Bubble. Every Sunday, I always check the updates on the real estate condition here in Southern California on the Los Angeles Times web edition. I stumbled upon the real estate blog which featured an article from Dr. Housing Bubble. The blog offers a lot of insights regarding the real estate industry and one of the good article is the foreclosure story of a couple who gross $130,000 annually when they bought their home in Costa Mesa with a 2/28 ARM and they are now facing foreclosure.

The Financial Benefit of A Fixed Rate Mortgage at Mint. Aside from the fact that you won’t experience a payment shock, which normally happens for ARM borrowers when the interest rate resets, Mint discussed the three advantages of the fixed rate mortgage: decreased risk, secure long term planning, and protection against inflation.

Saving Money or Paying off Debt at One Million And Beyond. i believe most of us already have this dilemma: Prioritizing between saving money or paying off debt. On the one hand, saving money allows you to have a liquid asset that you can tap in case of emergency. It also allows you to prepare for your future if you are saving for retirement . On the other hand, you would also think about your debts and see if the interest rate gained on your savings can offset the interest rate charges on your debts (which in reality is always greater than the gains on the savings).

50 Tips for New Personal Finance Bloggers at Clever Dude. If you are interested in creating a personal finance blog, then Clever Dude has a lot of nice advice in doing so.

Ten Ways to Save Money In Your Budget at Advance Personal Finance. You can read some useful tools here from brownbagging to saving on your insurance coverage.

Why I Shouldn’t buy Hybrid Cars at My Money My life. Points out the various reasons

Used Car Buying Tip: How to Inspect A Used Car at Money, Matter, And More Musings. some valuable tips in buying a used car straight from someone who recently purchased one. The article is the third part of a seven-part series about purchasing a car.

The Complete Newbies Guide To Buying Your First House at Make Your Nut. The first part of a two-part series about buying your first house.  Here’s an interesting quote from the post “You may not be able to buy a house right now.” Read more to know why.