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Monthly Archives: December 2011

Mortgage Payments Fall 12% Since February 2011

As mortgage rates drop, so do housing payments. It’s a good time to consider refinancing your home, or making an offer on a new one. Mortgage payment affordability has never been so high in history. Continue reading

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Bank Repossessions Drop To A 44-Month Low

According to foreclosure-tracker RealtyTrac, November’s foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010. Continue reading

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America’s Best Places To Raise A Family, Listed By State

BusinessWeek recently released its 2011 America’s Best Place to Raise a Family rankings. College-town Blacksburg, Virginia took top honors, breaking a 2-year win streak for the Chicago, Illinois region. Continue reading

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A Simple Explanation Of The Federal Reserve Statement (December 13, 2011 Edition)

Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. Continue reading

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How To Clean A Cutting Board

Germ studies show that a kitchen cutting board carries up to 200 times more bacteria than a toilet seat. Here’s how to clean your cutting board. Continue reading

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Reduce Long-Term Loan Costs With A 15-Year Fixed Rate Mortgage

For as low as 30-year fixed rate mortgage rates are today, 15-year fixed rate mortgage rates are even lower. Continue reading

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Simple Real Estate Definitions : Tax And Insurance Escrow

Want a discount on your next mortgage rate? Tell your lender that you’re willing to escrow. Continue reading

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Have Mortgage Rates Bottomed Out?

Mortgage rates have troughed. Or, so it seems. Continue reading

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Fed Minutes Suggest New Economic Stimulus Next Week

The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy. Continue reading

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How To Install A Dimmer Switch

In this 2-minute video, you’ll learn how to reduce your home’s standard on/off lighting switches using dimmer switches. The dimmer-switch project is a do-it-yourselfer and requires only basic handyman experience. Continue reading

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