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Tuesday, January 31, 2012 1:31 PM

IRS Audit Red Flags: The Dirty Dozen

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? The IRS audits only slightly more than 1% of all individual tax returns annually. The agency doesn't have enough personnel and resources to examine
Posted by Blair Webb | 0 Comments
Friday, December 16, 2011 12:52 PM

5 Things To Do NOW If You Want to Buy A Home In 2012

If you’re one of the millions who has an eye on 2012 as the year in which you’ll buy a home (first or not), here are five things you can do now to put yourself on the right path: 1. Check your credit. Take my word for it: there is no bad surprise
Posted by Blair Webb | 0 Comments
Friday, November 11, 2011 2:32 PM

Buy a HUD Home for Only $100 Down?

In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. The incentive runs until October 2012. To qualify, purchasers must
Posted by Blair Webb | 0 Comments
Tuesday, September 20, 2011 11:35 AM

Do the rich pay lower rates than their secretaries

WASHINGTON (AP) — President Barack Obama makes it sound as if there are millionaires all over America paying taxes at lower rates than their secretaries. "Middle-class families shouldn't pay higher taxes than millionaires and billionaires,"
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Monday, September 19, 2011 2:09 PM

Big Savings for Buyers: Rates Reach New Record-Lows

For the second straight week, mortgage rates reached another milestone, with 30-year and 15-year fixed-rate mortgages hitting record lows again, Freddie Mac reports in its weekly mortgage market survey. "Continued investor concerns over the state
Posted by Blair Webb | 0 Comments
Monday, September 05, 2011 4:27 PM

Gov’t Criticizes Banks for Failing More Home Owners

Bank of America and JPMorgan Chase, two of the country’s largest lenders, are not doing enough to help home owners avoid foreclosure, the Treasury Department said Thursday. Many home owners who have been eligible for loan modifications have been
Posted by Blair Webb | 0 Comments
Monday, September 05, 2011 4:24 PM

Mortgage Rates Hover Around Record Lows

--> Mortgage rates this week are averaging at or near historic lows, Freddie Mac reports in its weekly mortgage market survey. "Weaker economic data reports eased upward pressure on mortgage rates this week and kept them at or near all-time record
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Monday, August 22, 2011 7:05 PM

Mortgage Rates Reach All-Time Lows Again

--> Ongoing economic concerns continued to push mortgage rates to new lows, as 30-year and 15-year mortgage rates took another dip, pushing home affordability even higher, Freddie Mac reports in its weekly mortgage market survey. 30-year fixed-rate mortgages:
Posted by Blair Webb | 0 Comments
Monday, August 01, 2011 10:26 AM

12 air conditioner tips to beat the heat

Call a professional: Each central air conditioning unit should be inspected, cleaned and tuned by a professional. A professional tune-up typically costs between $70 and $125. Keep the filter clean: Clean and replace the air conditioner filter frequently
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Saturday, July 23, 2011 1:03 PM

5 Surprising Credit Report Errors You Must Fix

In a recent study, 19 percent of American consumers who reported finding an error in their credit reports opted not to dispute the error, even when they were offered $5 to file the dispute! Why not? Well, some said they thought the error was too minor
Posted by Blair Webb | 0 Comments
Saturday, July 23, 2011 11:28 AM

Mortgage Rates Mostly Hold Steady This Week

Mortgage rates continue to hover around yearly lows and were mostly unchanged this week, amid mixed economic and housing reports, Freddie Mac reports in its latest mortgage market survey for the week ending July 21. "Although both the overall producer
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Saturday, July 23, 2011 11:26 AM

Property Tax Woes Hurting Local Government Budgets

--> Property taxes haven’t been raised fast enough by many local governments, who are now feeling the squeeze in their budgets. Property tax revenues have decreased for two consecutive quarters, which hasn’t happened since 1963, according
Posted by Blair Webb | 0 Comments
Thursday, June 30, 2011 12:19 PM

Mortgage Firms Easing Standards

Seeking to counter a sharp contraction in origination volume, some mortgage lenders are easing underwriting guidelines slightly. The changes include scaling back credit score thresholds for FHA-backed loans as well as accepting higher loan-to-value and
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Tuesday, June 14, 2011 1:14 PM

Mortgage Rates Move Even Lower This Week

Fixed and adjustable-rate mortgages sank to new lows for the year, continuing a downward spiral for the eighth straight week, Freddie Mac reports in its weekly mortgage market survey. Here’s a closer look at how rates fared for the week: ▪ 30-year
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Tuesday, June 14, 2011 1:08 PM

Commercial Backs Surge Again

Commercial mortgage-backed securities are mounting a comeback after ranking as one of the biggest sources of real estate debt in the previous cycle. In the wake of the recession, only the best properties are getting loans; and more buyers are turning
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