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30-Year Mortgage Flat While 5-1 ARM Rate Drops to 3.86%
After breaking through 5% and surging to 5.20% three weeks ago, the 30-year average mortgage rate has settled in and declined slightly. 5/1 ARMs rates continue their decline.
Read →It's been a little over two weeks since I initiated my QQQQ options position to generate income and I wanted to report on how it was doing.
Read →And here's three reasons why they're dead wrong.
Read →GM sets its metaphorical mortgage on fire! Too bad it used the credit card to do it....
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Answers from a Mortgage Expert
Have you had questions about the mortgage industry in general? Here are some highlights from a recent interview with a mortgage expert.
Read →Choosing a broker is a challenging task that requires an understanding of your financial needs and research to determine the best level of service for you.
Read →Borrowing money from a 401(k) may be a helpful option for cash strapped workers...but it should be a last resort.
Read →A list of steps to help you get the college funding you deserve.
Read →Coming in at 3.79%, Genuine Parts Company (GPC) is a potential candidate for any income seeking investor's portfolio.
Read →Savings and CD rates were flat last week with both average rates and top rates hardly moving at all.
Read →Despite the breathless cries of "Porn!" at the SEC, this has been going on for some time.
Read →Buying a franchise is never a move without risk, but some franchises are bigger risks than others.
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Mortgage Terms You Should Know
Have you ever heard someone in the mortgage industry use a bunch of terms that you didn't know? We're here to help. Here are some common terms used in the industry to help educate you.
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Short Sale versus Foreclosure
We discuss the foreclosure option for struggling homeowners, as well as the popular alternative: short sales.
Read →Contrary to popular belief, there is such thing as good debt - we'll discuss how you can distinguish between good and bad debt.
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