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After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales before the original November deadline for the tax credit. However, prices rose from... Read →

A vote on the future of the Federal Reserve chief is due to be held this week. It's unclear whether or not Ben Bernanke, the current Fed chairman, will be re-appointed. I think it would be a disaster if he wasn't given a second term.

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Ed Whitacre just appointed himself the permanent CEO of GM. Is he joking?

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Wall Street Journal reporter Scott Patterson has written an interesting book called "The Quants" that suggests how a new breed of mathematicians and computer scientists took over much of the financial system—and the damage they inflicted in the 2007 meltdown.

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According to recent research investors expect a return of about 13.7% per year from stocks. On a historical basis is this a realistic assumption, or are people being overly optimistic?

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ISRG has been on a tear, but I am not a big fan. I explain my rational below.

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I have a discussion with a friend of mine on whether it is better to buy a house when interest rates are low, as they are today, or high. I think the recent real estate collapse provides the answer. The conventional wisdom is that the... Read →

Enough with making Ben Bernanke their scapegoat before the fall elections. The United States Senate should confirm Bernanke for a second term.

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The average rate on a 30-year fixed mortgage dropped from 5.06% to 4.99% according to data from Freddie Mac. This is consistent with data from the BestCashCow rate tables which show average 30-year mortgage rates moving from 5.122% to... Read →

Tips for Getting a Mortgage with Bad Credit

Some people with bad credit may think they can never realize their dream of owning a home. However, with some simple tips and some dedication, you can still get a mortgage in spite of your bad credit.

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In its quarterly conference call, Wells Fargo stated that they expect interest rates to rise in the future and to rise at a potentially very fast pace. Below is a partial transcript from the conference call. Bank Analyst: just a... Read →

In the face of record profits and record bonuses, the banks have become the easiest target in the Nation. President Obama is going after them, knowing that it is the one issue the Republicans can't block him on.

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Explaining the Basics of Mortgage Insurance

There are two basic types of mortgage insurance - private mortgage insurance and mortgage life insurance. But do you know which one is right for your financial needs?

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A lot can be learned from those who have succeeded before us, both from an aspirational and practical perspective. The mental mechanism used to approach investing and personal finance is critical. Here are 23 simple tips from two of the world's greatest investors.

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Gold may be a means to store value and retain wealth, silver may be the vehicle to increase wealth and is affordable to the average person.

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