Suprisingly, most homeowner’s insurance claims are not made because of fires, storms, or other news-worthy natural disasters. Instead, the culprit is almost always a small maintence problem that is neglected or ignored until it grows into a large and costly repair. That is why preventative maintence is one of the best investments that a Delaware… Continue Reading
Monthly Archives: January 2008
Free Budgeting Seminar – February 6th at 6:30 PM
There will be a Free Budgeting Seminar on February 6, 2008 from 6:30 PM till 8:00 PM at the Citizens Lending Group’s Office in Newark, Delaware. The seminar will cover the basics of making a household budget, how to track daily, weekly, and yearly expenses, and how to use your budget as part of an… Continue Reading
Delaware Mortgage Loans – Market Update – January 16, 2008
Delaware Mortgage Rate Update – January 16, 2008 Bonds are trading worse today as traders take a profit. The reading on inflation was not good, so this gives the Feds a reason to only drop the Fed Funds rate 0.25% instead of the anticipated 0.50%. A cut of 0.5% is already priced into the mortgage… Continue Reading
How to Disaster Proof Your Finances
You can’t always avoid natural disasters like earthquakes, floods, or hurricanes, but you can minimize their impact on your finances. Do you have a plan for how you would cope if a hurricane like Katrina or Floyd or some other potentially devastating event – even the loss of a job – hit you? Have a… Continue Reading
Free Seminar – Understanding Credit & Credit Repair – Feb. 9th
There will be a Free Seminar on Understanding Credit & Credit Repair on February 9,2008 at Citizens Lending Group’s Office in Newark, DE from 10:00 AM till Noon. The seminar will cover the current credit scoring model and go over in detail each of the 5 scoring categories along with how much each category is… Continue Reading
Delaware Mortgage Loans – Weekly Mortgage Market Update – January 14, 2008
“If you don’t like the weather, wait a minute”…That’s a saying heard often in places where the weather can turn on a dime, making it very difficult to forecast. And while the weather patterns can change direction quickly, the recent movement of stocks and bonds rivals the rides at an amusement park. “Turbulent” and “volatile”… Continue Reading
Doug MacGray’s Weekly Financial Update – Week of January 14, 2008
SLOPPY FOURTH QUARTER; According to Morningstar, the average returns by mutual fund category for the fourth quarter of 2007 were: taxable bonds: +1.3% municipal bonds: +0.5% international stocks: -0.8% U. S. stocks: -2.8% SLOPPY WEEK: For the week, the Dow declined -1.5%, the S&P 500 -0.75%, Nasdaq -2.6%, and the Russell 2000 -2.4%. Year-to-date,… Continue Reading
Bank of America to Buy Countrywide Home Loans
Countrywide Financial (NYSE: CFC, $6.50) is being acquired by Bank of America (NYSE: BAC, $38.42). The deal is a stock swap. Shareholders of countrywide will receive 0.1822 shares of Bank of America for every Countrywide share, the equivalent of about $7 per share of CFC. Bank of America is getting a very good deal. Goldman… Continue Reading
Delaware Mortgage Loans – Market Update – January 10, 2008
In his first speech on the economy since the December 11th Open Market Committee meeting Fed Chairman Bernanke said today, “…in light of recent changes in the outlook for risk and growth, additional policy easing may be necessary. He went on to say, “Based on that evaluation, and consistent with out dual mandate (control inflation… Continue Reading
The Role of a Delaware Real Estate Agent
Frequently, the first person you consult about buying a home in Delaware is a real estate agent or broker that is licensed in Delaware. Although real estate brokers provide helpful advice on many aspects of home buying, they may serve the interests of the seller, and not your interests as the buyer. You need to know… Continue Reading