26 Aug 2013
August 26, 2013

Implications of Rising Mortgage Rates

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Are they threatening the recovery? Or is their effect overstated?  Provided by Alterra Wealth Management                                                 Between early May and mid-July, the average interest rate on the 30-year fixed-rate mortgage rose about 1%. Rates on 30-year FRMs have basically held steady since hitting a peak of 4.51% in Freddie Mac’s July 11 Primary Mortgage Market.. read more →

13 Aug 2013
August 13, 2013

What if Fannie & Freddie Went Away?

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How might things change for mortgage lenders & borrowers? Provided by Alterra Wealth Management Is a new home financing system ahead? In the text of a speech delivered August 6, President Obama said: “I believe that while our housing system must have a limited government role, private lending should be the backbone of the housing.. read more →

19 Jun 2013
June 19, 2013

Where Did Inflation Go?

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Shouldn’t it be rising with all this bond buying?   Provided by Alterra Wealth Management   Consumer inflation just hit a 50-year low. So indicates the Federal Reserve’s preferred inflation gauge – the Personal Consumption Expenditures (PCE) price index maintained by the Bureau of Economic Analysis.1 Besides tracking consumer inflation, the PCE price index measures.. read more →

17 Mar 2013
March 17, 2013

Putting Your Tax Refund to Work

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Where could that money go besides a bank account? Presented by Alterra Wealth Management Should your refund be saved? According to a TD Ameritrade poll, 47% of U.S. taxpayers expect a refund this year. What do they plan to do with the money?1  The answers may surprise you. While 15% of the survey respondents indicated.. read more →

28 Jan 2013
January 28, 2013

Building An Emergency Fund

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Creating a financial cushion for stressful times. Presented by Alterra Wealth Management  How would you respond to sudden financial demands? We all define “emergencies” differently, but we are not immune to them. How can we plan to stay afloat financially when they occur?  Most households are not financially prepared for an emergency – not even.. read more →

01 Jan 2013
January 1, 2013

Bad Money Habits to Break in 2013

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Behaviors worth changing for the New Year.      Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, the New Year is as good an occasion as any to alter your behavior. #1: Lending money to family &.. read more →

Use Credit Cards Wisely First introduced to the public in 1959 and used sparingly for their first few decades, credit cards became a fixture in our daily lives. From the convenience of not having to carry hard currency to the luxury of buying what we want, when we want it, credit cards promised a whole new.. read more →

If you put a down-payment of less than 20% when you bought your home, chances are good that you had to purchase private mortgage insurance (PMI) in order to qualify for your loan. A mortgage insurance policy protects the bank in the event they are forced to repossess your house and sell it at a.. read more →