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Happy July 4th!

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Have a wonderful and safe July 4th weekend! We're ready to celebrate with friends, food, and fireworks. A special thank you to those who serve and have served our country so that we can enjoy the freedoms we have. So many are currently away from their families and so many have given the ultimate sacrifice - we are forever grateful.
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Make sure you understand all the costs before embarking on home flipping

Make sure you understand all the costs before embarking on home flipping By   Ilyce Glink and Samuel J. Tamkin September 24 Q : My wife and I currently live in the Northern Virginia area and will be retiring soon. We plan to move to the Raleigh. We both enjoy watching shows about buying fixer-uppers. We're wondering how we might go about locating a company to help us fix up homes in the Raleigh area. How would we be able to check out the creativity and quality of their work? Anything else we should think about? Thank you. A : We, too, have watched and enjoyed shows on TV that generally depict the process of buying homes, renovating those homes and then selling them for a profit as a positive experience. Life always seems to work out — and typically in 60 minutes or less. But “reality” TV is one thing, and the real world of real estate is quite another. We're not saying that what you see on TV is not real, but you have to be a little skeptical. Real estate purc...
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YELLEN: Rate hikes are coming this year

Just another reason not to wait to purchase a home: "...if the economy continues to improve as I expect, I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target and begin the process of normalizing monetary policy." - Federal Reserve Chair Janet Yellen YELLEN: Rate hikes are coming this year Myles UDland - MAY 22, 2015, 1:01 PM Federal Reserve chair Janet Yellen said it will be appropriate for the Fed to raise rates at some point this year.  Yellen's comments were delivered on Friday before the Greater Providence Chamber of Commerce.   Here's the key peel from Yellen's speech: Given this economic outlook and the attendant uncertainty, how is monetary policy likely to evolve over the next few years? Because of the substantial lags in the effects of monetary policy on the economy, we must make policy in a forward-looking manner. Delaying action to tighten monetary policy until employm...
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