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Investing: Invest for income with muni bonds

To maximize tax savings, find a muni mutual fund that will trim both federal and state taxes. For now, its prudent to stick with short- or intermediate-term funds, forgoing some income in exchange for a buffer against rising rates. A good choice for Californians is Fidelity California Limited Term Tax-Free (symbol FCSTX, yield 1.1 percent). […]

Moody’s upgrades Pennsylvania’s credit rating

Dan Seymour, Moody’s lead analyst for Pennsylvania, said that’s relatively low for a state. Pennsylvania is “not functioning very well politically right now, it’s having difficulty passing budgets, it’s having difficulties passing new revenues, and it depleted its rainy day funds a long time ago. So Pennsylvania remains what we call a below-average credit quality […]

Pennsylvania’s credit rating no longer sinking

Pennsylvania’s credit rating has improved, though only slightly, with Moody’s Investor Service upgrading the commonwealth’s financial outlook from negative to stable. Since 2014, Moody’s rating of Pennsylvania’s credit has been a relatively mediocre AA3. Dan Seymour, Moody’s lead analyst for Pennsylvania, said that’s relatively low for a state. Pennsylvania is “not functioning very well politically […]

7 Steps You Need to Take Before Buying a Car in Dallas

This content is sponsored by Air Force FCU, which serves the diverse needs of members worldwide with a full array of financial services. The credit union serves service members from all branches of the military, Department of Defense, National Guard and their families. Whether you work in downtown Dallas or commute to a job in the Fort Worth […]

Moody’s Assigns Aa3 to Pendleton County, KY $6.7M Public Prop. Corp. First Mortgage Revenue Refunding Bonds

New York, February 03, 2016 — Issue: First Mortgage Revenue Refunding Bonds, Series 2016 (Court Facilities Project); Rating: Aa3; Sale Amount: $6,675,000; Expected Sale Date: 2/4/2016; Rating Description: Lease Rental: Appropriation Summary Rating Rationale Moodys Investors Service has assigned a Aa3 rating to $6.7 million Pendleton County, Kentucky Public Properties Corporations First Mortgage Revenue Refunding […]

First-Time Home Buyer’s Guide To Making A Downpayment

First-Time Home Buyers Guide: Making A Downpayment Buying Your First Home: The Down Payment First-time home buyers face a few hurdles as compared to other types of buyers. A first-time home buyer may less money saved for a downpayment; may have a collection of  student loans and other large debt; may be just starting a […]

Moody’s Assigns Aa3 to Logan County Public Prop. Corp., KY’s $7.7M First Mortgage Refunding Revenue Bonds

New York, February 04, 2016 — Issue: First Mortgage Refunding Revenue Bonds (Justice Center Project), Series 2016; Rating: Aa3; Sale Amount: $7,650,000; Expected Sale Date: 02-17-2016; Rating Description: Lease Rental: Appropriation Summary Rating Rationale Moodys Investors Service has assigned a Aa3 rating to $7.7 million Logan County Public Properties Corporation, KYs First Mortgage Refunding Revenue […]

Stocks Rise after Weak China GDP Growth Report

Fears about a slowdown in China, and how abrupt and painful it might be, has helped knock oil prices to 12-year lows. Fall in oil prices pulled mostly energy stocks to the red territory across Asian markets. Chesapeake Energy lost 27 cents, or 7.6 per cent, to $3.29. Santos Ltd stock fell 7.46% on Australian […]

Asian stocks sink on US turbulence, weak China growth

The full-year expansion of 6.9 percent, the least since 1990, was in line with the governments target of about 7 percent, and higher than forecasts for as low as 6.5 percent in a Bloomberg survey of economists. In afternoon trade WTI was down 3.3 per cent at US$27.52 and Brent was off 1.9 per cent […]

First-Time Buyers Flood Market, Push Home Sales To 8-Year Best – The Mortgage …

As First-Time Buyers Flood Market, Median Sale Price Hits All-Time High Current Mortgage Rates Stoke US Home Sales With current mortgage rates hovering near 4 percent, US home sales remain strong. In June, despite a paltry number of homes for sale, existing home sales tallied 5.49 million on a seasonally-adjusted, annualized basis. Its the most in 100 months. […]

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