May 10, 2024
Home buying
Finance

Outrage as Biden administration admits surveilling Americans’ private financial transactions for words like ‘MAGA’ ‘Trump’ and ‘Kamala’ in wake of Jan. 6 riots…with people buying BIBLES on top of their watchlist

  • February 10, 2024

Federal investigators in Treasury’s Financial Crimes Enforcement Network (FinCEN) instructed banks to comb through records to look for ‘extremists’ A letter from Treasury Department was sent to Senator Tim Scott on Friday which states ‘Exchange events’ began ‘shortly after January 6’ The government was ‘watching’ Trump supporters and Americans who went to Cabela’s, Dick’s Sporting

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Mortgage

Falling rates boost home buyers’ purchasing power — but bidding wars are back

  • January 29, 2024

As mortgage rates fall, aspiring homeowners have gained nearly $40,000 in buying power in a matter of months, according to a new report.  But that power comes with a catch: increased competition.  Now that the 30-year mortgage rate has fallen from nearly 8% to below 7%, home buyers with a monthly housing budget of $3,000

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Investment

Capital gains taxes: What to know when you sell your home or other asset

  • January 26, 2024

Capital-gains taxes occur when you sell an asset, like your home or a stock. They are paid to both the state and federal government. The government collects a percentage tax on the gain or profit of the asset while in your possession. As you think ahead to tax season, understand that taxes on capital gains were lowered

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Mortgage

Mortgage rates inch up to highest level in six weeks

  • January 25, 2024

Published: Jan. 25, 2024 at 12:01 p.m. ET U.S. mortgage rates rose to the highest level in six weeks, but have stayed well below 7%, offering some stability to home buyers. The 30-year fixed-rate mortgage rose and averaged 6.69% as of January 25, according to data released by Freddie Mac FMCC on Thursday.  It’s up

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