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Buying an Old House? – Common Problems, Hidden Costs & Benefits
America has lots of old houses. According to the National Association of Home Builders, the average owner-occupied structure is about 40 years old in 2016. For reference, that’s higher than the U.S. median age of 38.8. In some parts of the country, the housing stock is far older. On average, owner-occupied housing in New York, Massachusetts, … Read more
10 Best Banks in Florida: Find Your Perfect Fit
When you think of Florida, you probably don’t think about banks, at least not the ones that hold cold hard cash. However, many banks in this tropical state can help you manage your money and achieve your financial goals. Banks in Florida serve over 6.8 million customers who hold over $800 billion in deposits. Considering … Read more
Partial Dodd-Frank Act Repeal in 2018 — Did It Contribute to the 2023 Banking Crisis?
The Great Financial Crisis of the late 2000s was the worst economic calamity since the Great Depression. Most agree that lax regulation of banks and other financial institutions set the stage for the risky lending and trading practices that caused it. Congress responded to the crisis — and attempted to prevent anything similar from happening … Read more