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Housing Prices on the Rise Almost Everywhere
Posted on June 12, 2013

The housing market is showing a great deal of growth these days, and there are a number of studies to support this theory. According to FHFA (Federal Housing Finance Agency) pricing data the price of homes across the country rose 6.7% when compared to the same period of time in 2012 (source). These numbers are[...]

The 3% Interest Mortgage Loan May Be a Thing of the Past
Posted on June 12, 2013

According to a recent CNN.com article, the days of too-good-to-be-true mortgage interest rates below four percent will soon be just that. As recently as early May, the rates for a fixed mortgage were at 3.3%, but in the last week of that month they had already escalated to 3.91% (compared to 3.67% at the same [...]

Fewer Vacancies and Higher Demand Means Big Profits for Landlords
Posted on June 5, 2013

If you’re planning to rent a home in the near future, you may wish you could turn back the clock a few years to the time when the recession was at its peak. During that period, it was unquestionably a renter’s market. The nation’s rental-vacancy rate swelled to 8%, and landlords were scrambling to fill [...]

175,000 New Jobs in May Signals Guarded Optimism
Posted on June 4, 2013

Over the past few years, the warmth in the air meant a cold spell in the job market. A downturn in jobs has been the norm each spring – that is, until 2013 (source). In May, there were 175,000 new jobs, yet another indication that the economy is making slow but steady progress. While this[...]

Most Experts Believe Citi is in for Great Things, but One Expert Disagrees
Posted on June 1, 2013

A recent poll consisting of 34 respected financial analysts (tracked by Bloomberg) showed that a vast majority believe Citigroup is on the cusp of major profits. But one of the four dissenters is the well-respected Charles Peabody, lead researcher at Portales Partners, LLC – the very gentleman who foresaw and predicted the mortgage crisis as[...]

Small Business Funding: All About the Small Business Association
Posted on May 30, 2013

The mission statement of the Small Business Administration (SBA) is to “Maintain and strengthen the nation’s economy by aiding, counseling, assisting and protecting the interests of small businesses and by helping families and businesses recover from national disasters.”[...]

Rotten to the Core? Apple Tax Scandal Further Blights Corporate Image
Posted on May 27, 2013

You may already have heard or read about the alleged poor working conditions for Apple's employees in China. It may not be the only worm in the company's image. Recently, the interrogation light was shined upon Apple, the country's most profitable technology company. At press time, the investigation continues. It turns out that Apple created[...]