Allowing parents access to the plan would help many first-time buyers enter the market and ease their financial obligations, the association said. Recent and rapid home price increases have resulted in many parents already gifting down payment money to children. The national average price for a home
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FHA loans are insured by the Federal Housing Administration, and borrowers must pay for mortgage insurance. The program requires two mortgage insurance payments: an up-front premium calculated at 1.75% of the loan amount and an annual premium that's somewhere between 0.45% and 1.05% of
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Eonia is the effective overnight reference rate for the euro and âis computed as a weighted average of all overnight unsecured lending transactions in the interbank market,â according to Eurostat. A sudden surge of activity in Greece, where rates are higher, could explain the spike in the weighted average
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For condos for sale in New York, RE/MAX has an extensive database. Browse the 4 East Fortune Road #E condo today.
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As of Friday December 1, Taylor Swift's newest album 'Reputation' will be available on most major music streaming services. Billboard reports Swift's sixth album, released three weeks ago, was supposed to be available in digital and physical formats only. After topping the Billboard 200 chart for the past
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PrimeLending President Steve Thompson Wins HousingWire Vanguard Award … DALLAS–(BUSINESS WIRE)–Top ten national residential mortgage lender PrimeLending, a PlainsCapital Company, is pleased to announce that Steve Thompson, President of PrimeLending, is a recipient of the 2017
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Seventeen years ago, the UK's then-biggest telecommunications company, BT, opened a pioneering new research incubator in Ipswitch, called Adastral Park. And⦠er⦠forgot to purchase the domain names. It's a schoolboy error, and as a prank, a BT contractor called Ric Hayman bought them for the
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The national median price of a one-bedroom apartment was $1,040 in December, a 2.4 percent increase from January's $1,016, according to new data from ABODO. Newark, N.J., recorded the greatest month-over-month increase in December, the median rent price rising by nearly 13 percent to $1,170.
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Not a bad gig to visit by far the most beautiful scenery to be found on Martha's Vineyard on a warm fall afternoon, and be able to call it work. The main purpose of the visit to Chilmark was to preview a home that recently was listed for sale. The property was developed by the current owner, a financier who
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There is a bitcoin payment button for online electronics retailer Newegg.com, but when I tried to use it for a Nintendo Switch, it didn't work. Even Bloomberg is on the list, but my colleagues in billing say you can't pay your terminal fee in bitcoin. Nor can you get a subscription to BusinessWeek or any of
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Bitcoin-related job postings as a proportion of total listings on LinkedIn jumped more than ninefold in the financial services industry over the past three years and 4.6 times in the software technology industry, according to data from the career-oriented social network. While the number of listings within
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The latest report from ATTOM Data Solutions looks at the markets across the United States where home buyers are most likely to move in the final quarter of 2017, and El Paso County, anchored by Colorado Springs, placed second on the list, behind only Loudon County, Virginia, in the Washington, D.C.
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While Jeff Bezos keeps the commercial real estate world on edge in choosing the second headquarters city for Amazon, the folks at Redfin decided to help another prominent entrepreneurâin this case, Santa Claus, pick a second North Pole location for his toy manufacturing operations. Using a criteria
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Created in 2001 in the aftermath of the dot-com crisis, Altice grew into Europe's biggest issuer of junk debt as it made acquisitions around the globe. It's lost almost 60 percent of its market capitalization in the last month and investors are weighing whether Drahi and his management team will be able to
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Turkey's president has argued that his country did not break a trade embargo on Iran as it hadn't committed to abide by U.S. sanctions, and there were no United Nations restrictions in place, the Hurriyet newspaper reported on Friday. The comments at a Thursday meeting of Turkey's ruling party came
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Bloomberg's Rob Urban reports on the CME and Cboe Global Markets being allowed to run Bitcoin exchanges. Bitcoin rose after CME Group Inc. and Cboe Global Markets Inc. said they will offer futures contracts as soon as this month, capping a record-breaking week that made the digital currency the
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The hunt for yield has trumped a demotion of South Africa's local-currency debt to junk, with the rand posting its best monthly gain this year in November. S&P Global Ratings cut the nation's credit rating on Nov. 24, and Moody's Investors Service warned it may do the same within the next three months.
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U.S. manufacturing expanded at a robust pace in November amid a burst of production and rising orders that signal durable gains in the industry, figures from the Institute for Supply Management showed Friday. Highlights of ISM Manufacturing (November). Factory index eased to 58.2 (est. 58.3) from
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Mortgage rates today increased in many cases. This is not unexpected if you saw yesterday's indicators — almost entirely pointing to near-future increases. We received no important economic releases this morning, but the impending tax bill vote is probably enough to scare bond investors (trillion
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