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By AIMEE PICCHI MONEYWATCH November 16, 2015, 5:30 AMIt's almost unanimous: Economists believe the Federal Reserve will start raising short-term interest rates in December.A rate hike has been long in coming, given that the central bank has kept rates near zero for seven years to help the economy...
Did you know there is a way to make smaller home loan payments now, so you’re able to build your bank account back up after that 20% down payment? Check if the Interest Only loan is right for your first home loan! #WJBinterestonly
640 UPTON ST REDWOOD CITY CA 94061 $1,320,000 | 3 BEDROOMS | 2.5 BATHROOMS | 1,810 SQUARE FEET | MLS: 439837 Big and bright lovely 3 beds, 2 and 1/2 baths, with a loft home with familyroom. Separate living room and dining area. Very quiet and desirable area...Close to Facebook HQ , Stanford, Cal...
Mortgage lenders have an important task of trying to help borrowers determine how much money they will spend on the down payment for a property purchase. Obviously the more that a customer pays up front, the less they will need to take out in the form of a loan. However it is often in a borrower'...
The millennial generation offers a great amount of opportunity for mortgage lending agencies. That same group of people also presents tremendous risk. Millennials are the largest generation alive, and as they grow older and acquire larger incomes, more of them are looking to buy property. Lenders...
"Ding dong, the mortgage is dead," a jubilant Sean Cooper announces as he sets fire to his mortgage in front of cheering friends outside a Toronto restaurant. “I feel like the weight of the world has been lifted off my shoulders," he declares. Cooper has just achieved what many Canadians aspire t...
As first-time homebuyers finally begin returning to the housing market, there may be one “bank” in the country that is actually happy to be lending less, namely the Bank of Mom & Dad. Last year, the percentage of family and friends supplying financial help had fallen to 12%, the lowest since...
Bartek Szewczyk—Getty Images/iStockphotoLearning a few simple truths today will pay off tomorrow. Among the countless stereotypes about young people is the belief that they manage money poorly. Indeed, studies find that most twentysomethings fail at answering basic questionsabout stocks,...