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Federal Reserve: No Change on Target Fed Funds Rate

Federal Reserve: No Change on Target Fed Funds Rate

The Federal Open Market Committee (FOMC) of the Federal Reserve did not move to increase the Fed’s target federal funds rate, which is currently 0.00 to 0.250 percent. Although the committee acknowledged further progress toward achieving the Federa

Jun 19, 2015 |

Suffering from Credit Problems? Three Ways You Can Patch Up Your Credit to Get a Mortgage Approved

Suffering from Credit Problems? Three Ways You Can Patch Up Your Credit to Get a Mortgage Approved

Credit problems are unfortunately common, and they can make it difficult for you to obtain a mortgage. Even if you are able to obtain a mortgage with your credit issues, the rate may be rather high in comparison to what you may qualify for if you obtain

Jun 18, 2015 |

An Insider’s Look at Mortgage Closing Costs and How to Minimize the Amount You’ll Pay

An Insider’s Look at Mortgage Closing Costs and How to Minimize the Amount You’ll Pay

When buying a new home, you may be focused on finding a mortgage program that has a down payment requirement that is manageable for you. However, some home buyers will overlook the costs that they are responsible for at closing. These costs can vary, but

Jun 17, 2015 |

What’s Ahead For Mortgage Rates This Week – June 15, 2015

What’s Ahead For Mortgage Rates This Week – June 15, 2015

Retail Sales, Consumer Confidence Up Retail sales rose for the third consecutive month. May sales increased at a seasonally adjusted rate of 1.20 percent according to Commerce Department data. Auto and gasoline sales led the charge to higher retail sale

Jun 16, 2015 |

Hunting for the Best Local Schools? Here Are 5 Checklist Items You’ll Want to Look For

Hunting for the Best Local Schools? Here Are 5 Checklist Items You’ll Want to Look For

There are numerous factors that you may review when choosing a new place to live. If you have children, the quality of the schools and the level of education that your kids will receive in the schools is important. However, you may not be certain how to

Jun 13, 2015 |

The Pros and Cons of Using Spare Funds to Pay Your Mortgage Down Faster

The Pros and Cons of Using Spare Funds to Pay Your Mortgage Down Faster

A home mortgage payment can be a large or even the largest expense in a person’s budget, and not having this payment any longer can be a life changing experience. Because of this, you may be dreaming about the day when you no longer have to make th

Jun 12, 2015 |