Rob Black and Tony Mendes discuss credit cards, home loans and the impact of rising home costs in the Bay Area.

Rob Black and Tony Mendes discuss credit card security, using sites like CreditKarma.com to keep your money safe and just how important a good credit score is. Other topics discussed are:

• Updates on home prices in California and the best way for parents to gift money to their children for purchasing a home.
• Why Tony and Rob like borrowing money from HELOC's.
• Issues being faced by people who took home equity lines of credit between 2005 and 2008.
• How lack of affordable housing is affecting renters and home buyers.
• What to expect as interest rates continue to rise in the Bay Area.

Email your money question to [e-mail] , or call the show at 1-800-516-1220 from Noon to 1:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.