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Foreclosure: The Other F-Word

Okay, so foreclosure’s not exactly a four-letter word, but it’s definitely the most dreaded 11-letter F-word for homeowners. Foreclosures may be at record highs, but that doesn’t mean you have to be a part of another sad statistic.... More

60

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Fed Rate Cut What the Housing Doctor Ordered

Today, the U.S. Federal Reserve slashed the discount rate by 75 basis points down to 2.25%. But how does the Fed rate cut affect you and your search for a new home? Is the Fed rate cut the miracle elixir to cure the housing market pain?... More

98

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Payday Loans are Just Bad News

If Visa offered you a credit card with an annual percentage rate of 391%, would you take it? It sounds like a joke, but to the recipients of one of the most sinister and underhanded lending practices in the marketplace, it’s truly no lau... More

80

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Turn Up Roses This Valentine's Day

It's that time of year again when children and adults alike exchange cards, candy, and small gifts, and singles are reminded, yet again, that they are single.... More

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5 Steps to Successful Savings

The journey of a thousand miles begins with a single step… as does the journey to a successful savings plan. Join me as we walk through one of the most basic parts of setting up a successful savings program... More

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Last Week's Fed Cut Lower Rates?

The quick and easy answer is that you should see a slight drop in adjustable rate mortgage (ARM) rates but fixed rates should remain relatively unchanged.... More

100

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Fed Rates Keep Falling

Today, the Fed slashed the Fed funds rate by 50 basis points. Like most things, dropping rates are a game of give and take; the lowering of Fed rates can be beneficial for some parts of your financial life and detrimental for others. So how exactly can... More

96

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The Fed Cuts Rates Again: What You Should Do Now

On January 22, 2008, the Fed decided to cut the Federal funds rate a whopping 75 basis points to a scant 3.5 percent, the lowest it's been since August 2005 (Source: federalreserve.gov).... More

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Does the Federal Funds Rate Affect My Mortgage?

On Tuesday, January 22nd, the Federal Reserve slashed the federal funds rate by three-quarters of a point to 3.5% - the largest one time cut in nearly 24 years. This should immediately benefit consumers with home equity lines of credit, credit cards, and... More

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Should You Pre-Pay Your Mortgage?

As with most things in the financial world, the answer to this question is not a simple one. There is not one piece of advice that should be given to everyone. Instead, there are several factors that should be taken into consideration when deciding whethe... More

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