Household Balance Sheets Improve for 2015

2015 will show an economic improvement, according to the Economic Advisory Committee of the American Bankers Association, who predicts that the U.S. economy will grow nearly 3 percent on an inflation-adjusted basis this year compared to 2.5 percent last year. The committee, which includes 15 chief...

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New Home Buyers Contend with Changing Standards

With uncertainty over mortgage rates growing and new Fannie- and Freddie-backed programs rolling out next year, those seeking to buy a home will continue to contend with changing standards. If you’re planning to become a homeowner, take these steps before borrowing. 1. Get preapproved. Stay ahead of...

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