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Monthly Archives: May 2017

Mortgage industry remains mum on Trump budget

President Donald Trump’s $4.1 trillion budget plan released this week has been met by near total silence from the mortgage and banking lobby, even as advocacy groups representing low-income housing occupants have decried the massive cuts proposed for U.S. Housing and Urban Development (HUD) programs. Most analysts, however, say the proposed budget, which bolsters defense…
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Mortgage market unfolds as predicted

As the midway point of the year approaches, the home mortgage market has unfolded much as expected. Refinance activity has fallen steeply, particularly rate-dependent streamlined refinances that have been the industry’s bread-and-butter for several years. Home-purchase loan activity also has risen as expected, although analysts say the tight inventories of entry-level homes for sale and…
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5 Essential Investing Moves For Millennials

photo from If you believe recent reports from the web, you probably think Millennials are financial floozies, trading their retirement money for Venti lattes. The reality is probably not that bad, but also not as click-worthy: Research from the Transamerica Center for Retirement Studies indicates that nearly three-quarters of Millennials are saving for retirement…
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