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How Does a Wraparound Mortgage Work? 09/28/2023 08:00pm • A wraparound mortgage is an unconventional type of loan that can help both buyers and sellers. It can enable buyers to purchase a home, even if they can't get approved for a traditional home loan or if the interest rate on a traditional mortgage is too high for them to afford. It can also be a profi What Is a Mortgage? 09/28/2023 08:00pm • Buying a home can be a path to building savings and putting down roots in a community. But with median home prices higher than $400,000 in the United States today, many people can't take this step without borrowing money. That's where a mortgage comes in. What Is a Mortgage?A mortgage is an agreemen Why You Shouldn't Count on Social Security 09/28/2023 08:00pm • The U.S. Government signed the Social Security Act into law in 1935, aiming to create a form of social insurance that safeguards retired Americans against bad turns of fortune. While the program has supported many Americans over the past 85 to 90 years, relying on the funds too heavily is risky. "Al 5 Best Ways to Use a Home Equity Loan 09/28/2023 08:00pm • Homeowners have an average of $199,000 in tappable equity per borrower, according to Black Knight, a mortgage technology and data provider. You may be tempted to turn your equity gains into cash with a home equity loan or cash-out refinance. But before you access your home equity, consider the best A shutdown is out of your control, but how you cope with it isn���t 09/28/2023 04:03pm • The federal government appears on its way to another shutdown starting Sunday, and that means tens of thousands of federal workers around the DMV will be told to show up for work Monday with no certainty about when they���ll be paid again ��� or told to just stay home until a budget of some sort is Court rejects Donald Trump���s bid to delay trial in wake of fraud ruling that threatens his business 09/28/2023 03:44pm • NEW YORK (AP) ��� An appeals court Thursday rejected Donald Trump���s bid to delay a civil trial in a lawsuit brought by New York���s attorney general, allowing the case to proceed days after a judge ruled the former president committed years of fraud and stripped him of some companies as punishment Federal shutdown threat prompts Navy Federal and other credit unions to offer interest-free loans 09/28/2023 03:13pm • Editor's note: The Business Journal is providing this story to all readers as a public service as the region faces the threat of a government shutdown. Washington is bracing for the increasing likelihood that the federal government will shut down next week, and how long a shutdown will last is an The average long-term US mortgage rate reaches highest point in nearly 23 years, hitting 7.31% 09/28/2023 12:08pm • LOS ANGELES (AP) ��� Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly unaffordable housing market. The average rate on the benchmark 30-year home Girona leads Spanish league after surprisingly good start. Now it faces Real Madrid at home 09/28/2023 10:47am • BARCELONA, Spain (AP) ��� Girona���s ceiling this season was expected to be another mediocre finish in the Spanish league. But after six straight wins and an undefeated start, the small club from Spain's northeastern corner surprisingly sits at the top of the standings. Next up? Nothing less than a US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection 09/28/2023 09:42am • WASHINGTON (AP) ��� The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged. The second-quarter expansion of the nation's gross domestic product � NY Attorney General Letitia James has a long history of fighting Trump and other powerful targets 09/28/2023 08:30am • ALBANY, N.Y. (AP) ��� Letitia James fixated on Donald Trump as she campaigned for New York attorney general, branding the then-president a ���con man��� and ���carnival barker��� and pledging to shine a ���bright light into every dark corner of his real estate dealings.��� Five years later, James is Former Man United player Jesse Lingard training with Saudi Arabian club 09/28/2023 06:25am • MANCHESTER, England (AP) ��� Former Manchester United player Jesse Lingard could be the next Premier League star to join the Saudi Arabian league. The England international, who is a free agent, is training with Saudi club Al-Ettifaq after leaving Nottingham Forest at the end of the last season. A Why government contractors could be some of the hardest hit during a shutdown 09/28/2023 01:33am • If lawmakers fail to strike a deal on the budget and a shutdown happens, many government contractors and their employees stand to be among the hardest hit. David Berteau ��� president of the Professional Services Council, a trade association for government contractors ��� said while federal worke Food prices are rising as countries limit exports. Blame climate change, El Nino and Russia's war 09/28/2023 01:13am • How do you cook a meal when a staple ingredient is unaffordable? This question is playing out in households around the world as they face shortages of essential foods like rice, cooking oil and onions. That is because countries have imposed restrictions on the food they export to protect their own s Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday 09/27/2023 11:40pm • TOKYO (AP) ��� Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes. Trading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong. That followed media reports that the chairman of Evergrande, Hu