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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?
Read →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.
Read →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.
Read →This morning's disappointing jobless claims number hints that the jig is up and the economy's set for another dip. There is no way to put a rosy spin on this morning's news that new claims for jobless benefits increased. Initial claims jumped up by 36,000 to 482,000 for last week (the week through Jan 16th).
Read →First Commons Bank, a new bank located in Newton, MA is offering a 1.5% APY on a 13-month breakable CD.
Read →Municipal bonds survived last week with slightly lower yields, a flatter yield curve, tighter credit spreads, and aggressive price bumps in many of the larger primary market loans. These were all despite a large new issue calendar, another downgrade for California, and a rally in Treasuries that made tax-exempts a relative drag on performance.
Read →Most people, as well as politicians and the government, think unemployment is lower than 10% nationally. At least that's what they'd have you believe. Well don't believe it!
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Four Ways to Save Money on Closing Costs
Closing costs are often the most forgotten part of buying a house. With the following tips, however, you can save money on closing costs and put more money towards your new home.
Read →The U.S. housing market beginning no later than the fall of 2010 will start the next leg down of the housing market correction. The fall of 2010 is when the next spike in U.S. mortgage resets kicks-in along with the yearly seasonal downturn in the housing market.
Read →I've been very pessimistic on the US economy for most of the last 9 months, but Scott Brown's victory leads me to believe that we entering a new period of growth and stability.
Read →The first-time homebuyer's credit has been extended until the end of April 2010. But what will it mean for the real estate market overall?
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Why Gold is Necessary
Owning gold has been all the rage recently, with many investors switchig into the metal. But when is it a good idea to own gold and is now a good time to buy?
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