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Federal Open Market Committee, Fed Chair: No Rush to Raise Rates

Wednesday's customary post-meeting statement issued by the Federal Open Market Committee (FOMC) of the Federal Reserve provided some relief to investors and analysts concerned that the Fed may soon raise its target federal funds rate. The target federal funds rate has held steady at between 0.00 an ...
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Considering a Vacation Home? Six Tips for Buying a House or Condo for Relaxation and Vacation Use

If you've just returned from the vacation of a lifetime, you probably wish that wonderful time never had to end. When you buy a vacation home or condo, you can guarantee that you have an escape that will provide you with years of enjoyment. Before yo ...
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Speeding Up the Close: Five Tips on How to Close Your Mortgage Loan Faster So You Can Start Moving In

When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage - all of which can be time consuming. Here are a few wa ...
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Looking to Pay Back Your Mortgage Faster? Three Reasons to Consider Switching to Bi-weekly Payments

While there are differing schools of thought when it comes to whether or not a person should pay off a mortgage before the loan term ends, there may be some benefits to making payments on a bi-weekly basis as opposed to monthly basis. What are some o ...
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What's Ahead For Mortgage Rates This Week - Sept 15, 2014

Last week's housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week's reading of 315,000 new jobless claims was not far removed from jobless claim levels before the recession. Expectations for ...
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It's Not Just Car Storage: How to Transform Your Garage into a Brand New, Highly Usable Space

In some homes, garages are used only for car storage. They may appear to be bare and without real functional use for homeowners. However, other garages may be an envy of the neighborhood - they may have floor to ceiling shelving systems, and they may ...
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FICO Scores and Your Mortgage: How to Bump Your FICO Score to Secure a Better Mortgage Rate

Is your credit score holding you back from getting the best rate on your next mortgage? The good news is that there are actions that you can take to increase your credit score and improve the interest rate offered on your next home loan. Here are a f ...
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FHA Home Loans: How to Pre-apply and Get Approved Before Making a Home Purchase Commitment

If you're in the market for your first mortgage, the Federal Housing Administration may be able to help you. Thanks to the FHA home loan program, you can apply for loan approval before you've found a home that you want to buy - which means you know w ...
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