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In 1970 the average age of a first home buyer was 25 years old but these days it's more likely to be mid-30s.
It has been nearly 16 months since I urged readers to take advantage of low interest rates and refinancing long-term loans to lower monthly expenses, pay off debt more quickly or both.
September marks one year since the flood that ravaged homes, displaced thousands of residents and killed 10 people across the state, including four from Boulder County and two from Larimer County.
Two members of the Bank of England's Monetary Policy Committee urged a hike in the rate from 0.5% to 0.75% in August but were outvoted Interest rates are expected to remain on hold next week when policy makers meet for the first time since divisions appeared in their views about when to raise them.
As the housing crisis pummeled struggling homeowners, scammers pounced. They offered "easy" loan modifications and "foreclosure counseling" that were often nothing more than attempts to wrest money from distressed consumers.
This time next year, the Mortgage Bankers Assn. projects, the average interest rate on a 30-year fixed-rate mortgage will be 5.2%, its highest level since early 2010.
Mortgage rates barely budged today. A few lenders were a bit higher than yesterday.
Bank of America Corp. may have put a historically huge settlement in its rearview just last week, but that doesn't mean the Charlotte-based financial giant is finished with its legal maneuvering just yet.
The U.S. economy rebounded more strongly than initially thought in the second quarter with more of the growth being driven by domestic demand and less by restocking by businesses.
David Hamilton and his fiancee Lyna Pen are in their 20s but hope to be mortgage-free within 10 years.
The slowdown in house price growth of recent months could have been short-lived, with home costs accelerating in August.
The Sunshine State looks pretty shady in Ramin Bahrani's Orlando-set drama, one of 20 films competing for prizes at the Venice Film Festival.
House prices surged by 11% year-on-year in August to reach another new all-time high of A 189,306 on average, Nationwide has reported.
The gap between house sellers' asking prices and the amounts that buyers are willing to pay is widening in growing signs of a cool down in the market, property analyst Hometrack has reported.
Laurentian Bank reported Thursday a third-quarter profit of $40.1 million, up from a year ago, helped by its commercial banking business.
Updated: Mon Sep 01, 2014 03:16 am
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