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Navy Federal Credit Union Steps Up to Cover April 15 Pay in Case of Government Shutdown

Navy Federal Credit Union has announced that it will honor scheduled April 15 direct deposit pay for active duty members in the case of a government shutdown.

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How Do You Calculate the Amount of Mortgage Payments? Image pinterest.com

How Do You Calculate the Amount of Mortgage Payments?

So you’ve been shopping for a home and you have found several that meet your criteria but they have a range of prices. How do you determine if you can afford the ones on the higher end of your price range? Here are the main factors that determine your monthly mortgage payments.

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Low Mortgage Rates Are Not for Everybody

With all of those low mortgage rates advertised, how many people will actually qualify for them? What qualifications are needed for these record-low mortgage rates?

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A Small Victory for the Average Person - Overdrafts at Citi May Not do as Much Damage Image Image courtesy of stockimages at FreeDigitalPhotos.net

A Small Victory for the Average Person - Overdrafts at Citi May Not do as Much Damage

Traditionally, banks will process the largest outstanding debit to one's account first. This largest to smallest protocol results in more overdrafts, which result in more fees being aid to the bank. However Citibank is reversing the order to the benefit of all of its customers.

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Preferred Stock is Not for Individual Investors At this Point In the Economic Cycle

Looking for additional yield in today's low rate environment, many investors are moving cash into preferred stock. The timing of this move seems terribly inopportune.

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The Treasury Yield Curve - Using it to Predict the Economic Future

Many investors wish they had a crystal ball to help them predict what will happen with the economy and their investments. What they don't understand is that something just like a crystal ball does exist - it's called the Treasury Yield Curve.

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Banks and Brokerages Still Rolling out Bonuses and Rewards for Opening Accounts Image Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Banks and Brokerages Still Rolling out Bonuses and Rewards for Opening Accounts

Banks have often rolled out the red carpet and offered incentives to try to attract new money. Even in this age of extremely low interest rates banks and brokerages are still offering rewards to get a hold of your cash.

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Are You Part of the 22 Percent of Homeowners Having Trouble Making Their Mortgage Payment?

A new survey shows that nearly 1 in 4 homeowners are having trouble making their mortgage payments. But is that really bad news compared to last year?

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Why You Should Buy a Home This Year

With the mortgage industry emerging from one of the worst debacles in history, could this year be the year you become a homeowner?

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Mortgage Application Rate at a Six-Week Low As Mortgage Rates Rise and Purchasers Wait for Further Home Price Drops

With fewer people applying for mortgages lately, what does it mean for the housing industry? What other factors are contributing to the declining number of home buyers?

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Jobs Report Good; Fed's Narayana Kocherlakota Says Rates Could Start Moving Up

The Labor Department job's report came in above expectations with nonfarm payrolls rising by 216,000 last month. The economy is now growing and several Fed Presidents have come out and indicated that they believe interest rates may need... Read →

More Consumers are Paying Credit Cards, Not Mortgages

While there are still many people who are foregoing their mortgage payments while paying their credit card bills, the numbers seem to be getting better. Could that mean there is good news for the economy?

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What are the GOP’s Plans for Mortgage Reform?

The Republicans in the House are unhappy with the current legislation surrounding mortgage modifications and relief. But do they have better solutions for the problem?

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Four Benefits to Paying Off Your Mortgage Early

There are several benefits you can enjoy from paying off your mortgage earlier than previously scheduled. Here are four of those benefits.

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Unconventional times require unconventional thought. Breaking from the rigidity of traditional bond funds, some investment houses have created funds that are literally unconventional bond funds.

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