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Ever wonder about our government lending practices as it relates to worldwide debt? Here is a look at our countries debt along with a bit of speculation on what might happen it we get a downgrade.
Read →FHA Mortgage Loans Growing in Popularity in 2009
One of the big mortgage stories of the financial crisis is the growth of FHA loans as a replacement to conventional mortgage loans and as a replacement to sub-prime loans. According to data from the National Association of Realtors, FHA loans grew from 7% of mortgaqe loans in 2007 to 25% in 2008. That number has probably increased even more in 2009.
Read →There are several types of municipal bonds but general obligation bonds are the safest. Here's how you can ensure you are purchasing or holding general obligation bonds.
Read →Here is another look at the B word, bankruptcy, and how your lender treats it. If you have gone through a BK recently or are considering it, you may want to take a look at this.
Read →The Adjustable Rate Mortgage
Far too many people make a blanket statement regarding the ever popular two year Adjustable Rate Mortgages. There is a time and a place for them in any interest rate environment; take a look.
Read →FEAR AND GREED the two emotions of the stock market
Maybe you have seen the ads for the trading systems that were going to revolutionize market trading as we know it, or maybe you didn't catch them before they disapeared. I have a theory about that.
Read →Hi there, here is a lengthy series on investing for retirement. I will not get into specific stocks, bonds, or mutual funds, though I will talk about them. Take a look and you may be able to save yourself some stress and heartache in the future.
Read →Hi there, here is a brief article on investing and learning to invest. You may be surprised to find the best too is watching TV. Now you have to figure what to watch.
Read →Century Bank Direct is offering a 15-Month CD that pays 2.25% APY. It is also offering several other competitive products including a 2.09% APY 10 month CD and a 2.35% APY 20 month CD.
Read →Here is another look at bond funds and some things to be aware of, such as turnover rate. Mutual funds whose portfolio is turned over frequently often are just one big tax nightmare for the funds investors.
Read →A little paid attention to area in mutual funds are their cash reserves. How do you like paying some fund manager two percent of you money for hoarding cash? Managers do it all the time so stick around and see why.
Read →Paying Points On Your Home Loan - A Good Idea?
Hi there, welcome to part two on points, commission, fees and expenses. In this installment we talk about using points to buy down your rate on your mortgage. Crunch the numbers and do what makes financial sense.
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