Personal Finance Newsletter (12/4/2009)
Dear 1ClickMoney.com Readers,
Welcome to the Personal Finance Newsletter (12/4/2009). In this edition we have included news, articles and videos. You can find more resources on our website: 1ClickMoney.com.
Personal Finance News
Oklahoma man sentenced for money laundering (AP)
AP – An Edmond man has been sentenced to 30 months in prison for money laundering. (More)
‘Doughnut hole’ unites seniors wary of health bill
Lawmakers have wooed seniors skeptical of the health care overhaul by emphasizing the plan would close the “doughnut hole” — a gap in Medicare drug coverage that can cost thousands of dollars a year. (More)
Sector Snap: Analyst upgrades REITS
A Goldman Sachs analyst upgraded his view of real estate investment trusts Thursday, predicting a bottom in industry fundamentals in the next year to 18 months. (More)
House Votes To Extend Inheritance Tax
CBS The House voted Thursday to permanently extend a 45 percent inheritance tax on estates larger than $3.5 million, canceling a one-year repeal of the tax set to begin next month. (More)
Rates on 30-year mortgages set new record low
The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. (More)
What the FHA’s New Criteria Mean for Housing (U.S. News & World Report)
U.S. News & World Report – After the real estate crash decimated the mortgage market, a tiny government agency has assumed an outsize role in the housing recovery. In 2006, the Federal Housing Administration–which insures home loans against default–backed just 3 percent of new home-purchase mortgages. But today, the agency insures nearly 3 out of every 10 new home loans. That’s because while banks have raised their lending standards, credit requirements for FHA-backed loans have remained fairly liberal. … (More)
Personal Finance Articles
Non Profit Grants
How can nonprofit grants help you? Well, with the economy in such a fragile position, no one can really count on their once secure job. There have been hundreds of thousands of people laid off ac… (More)
Creating a Monthly Budget – Why You Need One
Creating a monthly budget is something that most people never do. And that is one reason so many people have high debt loads today. By creating this budget, you have a much clearer understanding where… (More)
High Risk Personal Loans – Fast Cash Approval For Adverse Credit Borrowers
With high risk personal loans you will get instant cash aid without any impediment of credit check process. You can directly apply online and no need to pay any hidden charges to the lenders. (More)
The Pros and Cons of an Unsecured, Quick Personal Loan
So you need cash, and you need it fast. You can’t borrow from friends, you don’t have anything of value to pawn, and you’ve maxed out your credit card. Could an unsecured, quick personal loan be an option? (More)
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