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Interest Rate

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  • Safety gear upgrade is nigh

     Safety gear upgrade is nigh
    It has only been two weeks since Coral Springs borrowed $12.45 million at a fixed interest rate of 2.4 percent for its public safety projects, but the city began working on some of the projects much before voters approved the general bond referendum in the November elections.
  • Mortgage sweet mortgage: What to look for in a home loan

    With the New Year upon us, most of us are knee-deep in working through our resolutions and planning for the year ahead. If one of your goals this year involves buying a house, then you have the time-consuming project of sorting through mountains of...

    Loan gives low-income borrowers a chance to build equity fast

    Two major banks have agreed to originate a new 15-year mortgage under pilot programs aimed at low- and moderate-income borrowers. In addition, the creators of the so-called Wealth Building Home Loan, which allows home buyers to build equity at a much...

    Back to school for your money: bonds

    Now that the kids are back to school, it's time to hit the books for you and your money. For the next few weeks, I am going to cover basic financial and investment concepts that seem to flummox people. When I wrote about bonds a couple of years ago, I...

    Young homeowner ponders becoming real estate investor

    By Ilyce Glink and Samuel J. Tamkin Q: I am 26, live in Nashville, and just bought my first place. I am doing great, but I'm not sure of what to do next. I am in a 30-year mortgage, which allows me to save a nice portion of my paycheck after my...