Tuesday's Personal Finance Stories
By MarketWatch
Don't miss these top stories: The presidential candidates haven't been talking much about the housing market, but the future of the mortgage-interest deduction comes up from time to time. The good news, for those who benefit from the deduction, is that politically it remains nearly impossible to get rid of the perk. Read why in a Home Economics column in today's Personal Finance pages, plus read why many customers in line for the iPhone 5 are those replacing their damaged smartphones. And read why home-builder optimism has reached a six-year high. Finally, time is running out to enter MarketWatch's World's Next Great Investing Columnist contest. The deadline for your entries is Sunday. Read more about the competition here. —Amy Hoak , Personal Finance writerIs your mortgage-interest deduction safe?
Fear not, if you're someone who benefits from the mortgage-interest deduction: Politically, it remains nearly impossible to get rid of the perk.
Is your mortgage-interest deduction safe? Why bank shares could rise another 20%
Market-leading bank-sector stocks could well have further upside to run — perhaps another 20%. SmartMoney's Jack Hough explains why.
Why bank shares could rise another 20%. Why QE3 makes retirees queasy
Timing is everything: The Fed-induced low-rate environment means people who are retired are having to confront some difficult decisions about what investment risks to take.
Why QE3 makes retirees queasy. Pricing out early-bird Thanksgiving fares
Travelers who book their holiday flights soon can flush out deals.
Pricing out early-bird Thanksgiving fares. Damaged iPhones send users to front of line for 5
Some 30% of iPhone users damaged their devices within the past 12 months, according to a study by gadget insurer SquareTrade, meaning that many of those 2 million preorders for the iPhone 5 were placed by people with no real alternative.
Damaged iPhones send users to front of line for the latest must-have. ECONOMY AND POLITICS
Home-builder optimism hits six-year high
Optimism among home builders climbs in September, a fifth straight increase for a sector gauge that's now reached the highest level in more than six years, according to the National Association of Home Builders and Wells Fargo.
Home-builder optimism hits six-year high. U.S. current-account deficit narrows
The amount the U.S. owes to the rest of the world, known as the current-account deficit, falls by 12% in the second quarter, primarily because of lower oil imports and higher income transfers such as earnings on investments abroad.
U.S. current-account deficit narrows. Fewer home loans in 2011: bank data
The number of home purchases and mortgage refinancing fell in 2011, according to a bank regulator's report.
Fewer home loans in 2011: bank data. Fed's Evans: QE3 provides crucial support
Chicago Fed president Charles Evans, a leading proponent of the Federal Reserve' third round of so-called quantitative easing, says it would give the economy a shot-in-the-arm that may help it ward off risks from the global slowdown and the fiscal cliff.
Fed's Evans: QE3 provides crucial support. China's new home prices rise in August
Chinese new home prices rose in August for the third straight month, though fewer cities showed gains, according to data released Tuesday.
China's new home prices rise in August. INVESTING
Obama is stealing Wall Street from Romney
Like it or not, reports David Weidner, Wall Street is betting on four more years of President Obama.
Obama is stealing Wall Street from Romney. How to put any money manager on the spot
Challenging investment assumptions should be a standard line of questioning for the money-management experts entrusted with your money, writes Jonathan Burton.
How to put any money manager on the spot. Dutch vote for euro highlights north-south gap
Now euro-zone finance ministers only need to determine how many more millions of southern Europeans must be put out of work for Germany to keep its guaranteed-never-to-appreciate currency, writes Darrell Delamaide.
Dutch vote for euro highlights north-south gap. Halloween stock scare due, then it will be merry
"Investors will need to fasten seat belts for rest of the year," warns InvestmentNews. "Market's potential problems could make for a wild ride." Listen to these guys. A year ago they warned of "very slow growth" in 2012; they were right.
Halloween stock scare due, then it will be merry. Stock market rally was nice while it lasted
The stock market over the last three months has turned in one of its strongest performances in U.S. history, according to Mark Hulbert. But have stocks gotten ahead of themselves?
Stock market rally was nice while it lasted. Intel can't escape Apple's shadow
Motorola's launch in the European market of devices with Intel's low-power mobile chips comes at a time when some investors and analysts increasingly are concerned with the chip giant's ability to move beyond the PC, writes Therese Poletti.
Intel can't escape Apple's shadow. 
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