Kiplinger's Personal Finance: Mortgage interest rates will ratchet up

Kiplinger's Personal Finance: Mortgage interest rates will ratchet up

The 30 year fixed rate mortgage has lingered at about 4 percent or less since mid-2011, but this is the year mortgage rates will begin to rise from historic … factors that will offset risk, such as making a larger down payment or having other assets, said Guy Cecala, publisher of Inside Mortgage Finance.
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Analysts See $0.18 EPS for L Brands, Inc. (LB); Investors Title Co (ITIC) Sentiment Is 1.36

Investors Title Co (ITIC) investors sentiment increased to 1.36 in 2017 Q4. It's up 0.32, from 1.04 in 2017Q3. The ratio increased, as 30 investment professionals started new and increased stock positions, while 22 sold and reduced their equity positions in Investors Title Co. The investment professionals
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Wells Fargo to pay $1B to settle charges

A sign at a Wells Fargo bank location is photographed Aug. 11, 2017, in Philadelphia. The New York Times and other news outlets are reporting Thursday that federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses.
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EX Municipal President, her husband booked for money lending, conspiring to occupy house

EX Municipal President, her husband booked for money lending, conspiring to occupy house. Kolhapur, Apr 21 (UNI) Gadhinglaj Police has booked a former President of Gadhinglaj Municipal Council and her husband for lending money on interest and conspiring to illegally occupy a building as money
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How is Trump's 'John Barron' Fortune 400 Scam Not an Earth-Shattering Story?!

In this story, which has not gotten nearly the play in the rest of the media that it deserves, we learned that there is audio proof that Trump blatantly lied to get on the prestigious “Fortune 400” list of richest people. But it isn't just that he lied, he did so by using a fake persona, “John Barron,” which further
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HNA Cuts Deutsche Bank Stake, Vows to Remain Major Investor

Deutsche Bank AG's biggest shareholder cut its stake in the lender, it disclosed Saturday, after saying in February that another reduction wasn't planned. HNA Group Co., a troubled Chinese conglomerate, reduced its holdings to 7.9 percent from 8.8 percent as it allowed portions of a complex derivatives
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International Business Machines Corporation (IBM) Stock Formed H&S. What To Expect?

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.29, from 0.74 in 2017Q3. It increased, as 54 investors sold International Business Machines Corporation shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10
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Why Investors Are 'Dipping Their Toes' Into Russia, EM

… director in GAM's fixed income investment team, Subadra Rajappa, Société Générale head of U.S. rates strategy, and Iain Stealey, JPMorgan Asset Management fixed income portfolio manager, join Bloomberg's Lisa Abramowicz to discuss Russian bonds and emerging markets. (Source: Bloomberg).
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Church pays off mortgage, breaks ground on new addition

Living Word Christian Church, 2015 Ward Ave., will celebrate paying off its mortgage at the 9 a.m. service Sunday. The church welcomes Mark T. Barclay as its special guest at the service. After the service, the church will break ground on its new 5,100-square-foot addition. For more information, call the
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Affordable housing topic of Saturday's April Inspire! event

Between 2010 and 2016, the number of apartments Freddie Mac deemed to be affordable by low-income families dropped more than 60 percent. Freddie Mac says a householder in Michigan must earn $16.24 an hour (40 hours a week, 52 weeks a year) to afford Fair Market Rent for a two-bedroom
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TPG Specialty Lending (TSLX) Earns Media Impact Rating of 0.15

News coverage about TPG Specialty Lending (NYSE:TSLX) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks
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Shares v property: the financial path not taken

A couple of years ago, I had a conversation with a young woman on a modest wage who was feeling locked out of the Auckland housing market. The great thing about shares is that it's much easier to enter the sharemarket than buy a house. So I suggested she look at drip-feeding her money in index
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Royal Commission uncovers sins of the banks, and more is to come

Australia's biggest bank charged dead people financial advice fees for a decade. The nation's biggest financial planning company admitted to ripping off its customers and lying to the corporate regulator about it. Everyday Australians told of losing everything after receiving dodgy advice from so-called
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Wells Fargo to Pay $1 Billion to Settle Auto Loans and Mortgage Abuses

Wells Fargo agreed to pay $1 billion in penalty to settle its regulatory violations related to its auto loans and mortgage businesses. The U.S. Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) announced the settlement on Friday. The regulators found that
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Real estate briefs from The Oklahoman for April 21, 2018

Washington, D.C.-based CoStar Group has presented Power Broker Awards for 2017, recognizing those who closed the highest transaction volume in commercial property and leads in their markets in office lease, retail lease, industrial lease and sales. Twenty brokers were recognized in Oklahoma City
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Russia Sanctions Spook Palladium Investors

Hedge funds just made an abrupt about face in the palladium market as U.S. sanctions against Russian titans spark concerns that the world's largest producer of the metal will get caught in the cross hairs. After the U.S. slapped penalties on United Co. Rusal, American officials have sent conflicting
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Variable vs fixed mortgage rate

Are variable mortgage rates still the best choice for saving on interest? One famous study shows a variable rate would have been the better deal 90 per cent of the time between 1950 and 2001. Does that still hold? Continue reading →
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JACK GUTTENTAG: Answering reader questions on mortgage shopping

A: As many valid quotes as possible, two or three valid ones help, 10 phony ones are worthless, or worse. Valid price quotes must meet three major conditions: Same market timing: All quotes must be as of the same day, since mortgage lenders reset their prices every morning. Comparing A's price on
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Property market remains attractive to investors

HÀ NỘI — The real estate market continues to be attractive to investors, but the level of competition would be much higher this year and the following years. This was heard at the Vietnamese business forum: voices of property companies in the 2018-19 period held in Hà Nội on Wednesday. The forum
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Aso Brings Little Home From G-20 Amid Calls to Resign

Japanese Finance Minister Taro Aso won't have an easy homecoming. After he flies back from Washington, Aso is likely to face further media questions and calls for his resignation amid a string of scandals at the finance ministry. In Washington, he said he's not considering stepping down, but a political
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