Wells Fargo Mortgage Rates: 30-Year FHA Refinance Rates and Conventional …

California-based mortgage lender, Wells Fargo (NYSE: WFC) offers various home purchase and refinance mortgage loan packages for interested clients. The financial institution’s mortgage interest rates, updated for November 25, 2014, are discussed below. The mortgage rate quotes are given assuming the borrower has strong credit status and that he is willing to pay 1.00% of the total loan value in origination costs.

At this major US mortgage lender, the 30-year home refinance loan is currently listed at a rate of 4.125%. The annual percentage rate, which represents the interest, mortgage insurance and other costs of the loan at a yearly rate, is set at 4.153%. The 15-year fixed mortgage...

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Interim Budget 2014: Education loan subsidy to benefit 9 lakh students

With general Lok Sabha elections around the corner, union minister P Chidambaram tried to get connected to families that have availed of loans for education from banks. Chidambaram had presented the interim budget for 2014-15 in Lok Sabha on Monday. There he announced a moratorium period for all the education loans that had been taken up to March 31, 2009, and outstandings as of March 31, 2013.

He added that the government is set to take over the liability for outstanding interest as on Dec 31, 2013 but the borrower is required to pay the interest for the period after April 1, 2014.

He said nearly 9, 00, 000 student-borrowers would benefit to the tune of around Rs 2, 600 crore.

Chidambaram...

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How to start a carwash: Six questions to ask about raising capital, part 1

Raising the money to get your business going can be a long process, but it is often necessary to get the company off the ground. Michael Lewis, a blogger at Money Crashers, explains considerations entrepreneurs should keep in mind when searching for start-up cash for their new carwashes.

How much capital do I need?

Having little or no capital is a primary reason why businesses fail, notes Lewis. Entrepreneurs should be realistic when crafting a detailed business plan that challenges any presumptions that exist about operating costs, shares Lewis.

How do I raise new capital?

According to Lewis, most startups use money from themselves (home equity loans,...

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Tired of debt? Live off the credit grid

Either out of anxiety or necessity, Americans are reducing their reliance on credit. Use of revolving credit such as credit cards and home equity lines of credit has been in decline since the financial crisis hit in 2008, falling 13 percent in the 4th quarter of 2009 alone, according to Federal Reserve consumer credit data.

Furthermore, only 56 percent of consumers used credit cards at all in 2009, compared to 87 percent in 2007, according to a recent study by the research firm Javelin Strategy amp; Research.

While many are cutting back on debt but still using credit for their day-to-day finances, some consumers are taking their aversion to debt to another level, dedicating...

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Ribbon Cutting Ceremony for the Introduction of Consolidated Credit Counseling …

Sunrise, FL (PRWEB) October 10, 2008

Saturday October 11, 2008 at 5:30 pm is the kick-off of the Freedom Level at the BankAtlantic Center. Consolidated Credit Counseling Services, the industry leader providing credit counseling and debt management programs throughout the United States, has joined the Florida Panthers and the BankAtlantic Center to bring personal finance education to the South Florida community.

Providing financial education, credit counseling and debt management assistance is a crucial component to consumers financial well-being and vital in our fragile South Florida economy, said Howard Dvorkin, founder and spokesperson of Consolidated Credit Counseling Services...

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Portsmouth has highest foreclosure rate in Virginia

By Tim McGlone
The Virginian-Pilot
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PORTSMOUTH

As economic indicators point to improvements in the local real estate market, Portsmouth remains stuck with a pesky problem that hasnt let up.

The city this year has had the highest foreclosure rate in the state, by far almost double that of Norfolk, more than three times the state average and nearly twice the national average.

The statistic has people puzzled.

Its disturbing to hear that information, said Franklin Edmondson, Portsmouths commissioner of the revenue.

If we dont take corrective action from a strategic standpoint, then it will...

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Schnurman: Union trouble at American Airlines? Say it ain’t so

What’s the matter with the unions at American Airlines?

Once again, a work group has defied logic and voted against its economic interests. Now it’s up to the grown-ups to find a face-saving way out.

This month, the flight attendants union narrowly rejected a contract that paid more than they were promised just a year ago. It failed by 16 votes, with over 16,000 cast.

Pilots are on the clock next, facing a similar dilemma, except that their big payday would come a year earlier than scheduled. Cha-ching!

If choosing more money sooner seems like a no-brainer, consider the alternative: Rejecting the contracts sends the process to binding arbitration and then...

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Today’s Mortgage Rates: Wells Fargo Fixed, Jumbo and FHA Refinance …

Wells Fargo (NYSE: WFC), which is headquartered in San Francisco, is one of the top bank holding companies in the United States. The bank provides diverse financial and banking services and products, including mortgage loans. In today’s mortgage report we are going to disclose the Wells Fargo’s updated mortgage interest rates for November 20, 2014. Bear in mind, that these mortgage rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions.

Under its mortgage loan program, Wells Fargo offers the 30-year conventional refinance loan for as low as 4.250%. This type of loan bears an annual percentage...

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Manage Your Home Economics as If You Are Running a Business, and Watch …

Im convinced that more people would achieve financial success if they managed their home economics as if they were running a small business. As a business owner, you do snap cost/benefit analysis on nearly every decision you make, but for some reason this intellectual rigor gets tossed out the window when it comes to personal finance. We frequently fall into the trap of expending a great deal of energy for a small financial payoff. Here are some examples.

Small Wins

Daily victories. Welcome to the bread-and-butter of personal finance: easy and quick decisions that yield small rewards. Im talking about clipping coupons, brown-bagging your lunch and buying used instead of new....

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The credit card mistake that meant my family got crunched

This week it was reported that there are more working households than non-working households living in poverty in the UK. Im sure many people like me have found this to be true and that it is quite possibly a knock-on effect of how we have been living our lives since the recession began. This is my story.

After buying our first flat in April 2008, the same week that the housing market crashed and and started to send everything into negative equity, things were a little harder but we managed: we budgeted, we paid our bills on time and life was not too much of a struggle.

When we decided to have our second child, we were aware that this would mean a shortened maternity...

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