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Over the last couple of weeks, US Treasury rates have fallen dramatically, blowing apart my investment thesis about the wisdom of shorting Treasuries.

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For the first time in five years, existing home sales rose four months in a row, according to the National Association of Realtors. This is a positive sign for the real estate market and is a positive indicator that buyers are purchasing the excess inventory resulting from foreclosures and short sales. This increase in sales may eventually help ease sliding property values as well.(Source www.realtor.org)

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I haven't seen this before. I suppose that it is a sign of the times.

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President Obama today declared he was going to re-appoint Ben Bernanke chairman of the Fed. It's a good move, notwithstanding the usual critics who not only want Bernanke gone, but the whole Fed abolished.

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I bought a car this weekend using the cash for clunkers program. I got $4,500 off a new car. That's not bad. It will take an awful lot of cash in a 2.5% APY savings account to equal that amount. There was a lot of aggravation though.

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DollarSavingsDirect is offering a 16-month CD paying 2.25% APY. To open the CD and get the rate, you must first open a DollarSavingsDirect Savings or Checking account.

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Will the safest bonds in the world be defaulted on? Take a look.

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Pick-a-payments, Liar Loans, Debt consolidations, are they really that good a deal. Maybe you should take a closer look. Happy Reading

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Some put the number of borrowers underwater in their mortgage, at 11%, while I have heard others putting that figure much higher, at as high as thirty percent. Regardless of the figures I think we can all see that the industry is still... Read →

Provides potential borrowers with a brief primer on Truth In Lending Requirements and explains new regulations enacted to ensure that consumers are informed about loan related fees and costs.

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this article will go over some little known facts about your credit and ways some lenders or prospective employers view your report. Happy Investing

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The Federal Reserve Open Market Committee met today and described an economy that had bottomed but that will be slow to recover.

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Amex, Chase, Bank of America, and other banks are canceling credit cards, often without notifying the holder in advance. This can result in severe inconvenience to a card holder to who may try to use the card, only to find it no longer works.

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Municipal Bonds have always been portrayed as an investment vehicle for older investors - turns out that's true.

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Golf Savings Bank is offering a 4-year CD paying 3.5% APY. That's currently the best rate on the BestCashCow 48-month CD rate table.

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