ARCHIVED BLOG POSTS
2010
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The Associated Press's Tim Paradis reported today that Federal Reserve Chair Ben Bernanke told Congress that interest rates are likely to remain low for the near future. Bernanke said, "The economy still requires support for recovery."Many investors see these low rates as a boost to a recovery o...
02/25/2010
It was widely reported that last Thursday, the Federal Reserve raised the Discount Rate (the interest rate charged to member banks when they borrow from the Fed) from 0.50% to 0.75%. All members of the Federal Reserve banking system (12) supported the decision. In its decision, the Fed cited "co...
02/23/2010
If you haven't heard about RESPA, the Real Estate Settlement Act, and if you are a buyer or seller of real estate, here is what I believe is most important for you to understand: YOU CAN NOT CONTROL THE EFFECTS OF RESPA! What do I mean? For most people the only thing they will learn about RESP...
02/11/2010
For the second opportunity at the First Time Home Buyer's Tax Credit, time is really running out! If you have been thinking about utilizing the $8,000 tax credit and have heard it might be extended, don't be fooled. Hopefully you have heard about the"one in hand?" There may or may not be a ren...
02/08/2010
