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DC-area homebuyers could save thousands by mortgage shopping 09/19/2019 10:37am • Homebuyers spend time finding the perfect home, but many don't bother spending time finding the perfect mortgage. Mortgage shopping, or comparing rates between several lenders, can potentially mean significant savings each month and over the life of the loan. Mortgage rates are near historic l 5 consequences of an early 401(k) withdrawal 09/19/2019 10:00am • Taking money out of a 401(k) plan before age 59 1/2 often results in taxes and penalties. Investors who take early 401(k) withdrawals also miss out on the investment returns they could have earned if they left the money in the account. Here's what happens if you withdraw money from your 401(k) ac Q&A: 'Cabaret' transforms Olney Theatre Center into Kit Kat Klub 09/19/2019 12:06am • In 1966, the Broadway musical won eight Tonys, including Best Musical. In 1972, the movie version won eight Oscars, including Best Director for Bob Fosse, Best Actress for Liza Minnelli and Best Supporting Actor for Joel Grey. Now, "Cabaret" turns Olney Theatre Center into the Kit Kat Klub Federal Reserve cuts key policy rate for 2nd time this year, with promise to "act as appropriate" to sustain expansion 09/18/2019 02:01pm • WASHINGTON (AP) — The Federal Reserve is cutting rates for a second time this year while saying it's prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The Fed's move will reduce its benchmark rate by an additional quarter-point to a range of 1.75% to 2%. When it comes to mortgages, borrowing big is a better deal 09/16/2019 09:15am • People who take out jumbo loans are less likely to default, bankers say. (Getty Images) Mortgage rates remain near historic lows, and long-term rates are even lower for big loans than conventional ones. Jumbo loans, or nonconforming loans that that exceed Fannie Mae and Freddie Mac underwriti Buying a car is pricey, keeping one is getting pricier 09/14/2019 03:30pm • Buying a new car is expensive, and it's gotten more and more expensive as Americans keep buying bigger SUVs and trucks. But the cost of keeping that car is getting more expensive too. In fact, a AAA study said the cost of owning a new car is now over $9,200 a year, the highest it's been since 195 Commentary: Will Md. Comptroller Peter Franchot suffer the Louis Goldstein curse? 09/09/2019 09:38am • In a Thursday, Feb. 21, 2019 photo, Maryland Comptroller Peter Franchot says he's "strongly considering" running for governor in 2022. (AP Photo/Brian Witte) This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email s Maryland offers tax credit to help those struggling with student debt 09/07/2019 11:23am • Marylanders struggling with student debt have a week left to get some help with their loans from the state. Applications for the Maryland Student Loan Debt Relief Tax Credit are due on Sept. 15. Maryland comptroller Peter Franchot said the credit is open to any Maryland resident with at least Poorer schools in Prince William County have more teachers with less experience 09/06/2019 10:48am • This article was written by WTOP’s news partner, InsideNoVa.com, and republished with permission. Sign up for InsideNoVa.com’s free email subscription today. When she was growing up, Ashley Dunnaway, a first-grade teacher at Minnieville Elementary School, said her teachers inspired her and Report: Lack of affordable housing could drive families out of DC area 09/04/2019 04:00pm • Some 220,000 families in the greater D.C. area could be at risk of having to leave the region in coming years if more is not done to expand the availability of low- and moderately-priced housing, according to a report released Wednesday by the Urban Institute. "What's needed is a mix of policies Ready to refi? Expect it to take some time 09/03/2019 08:59am • With mortgage rates near historic lows, there is a new rush to refinance by existing homeowners. Refinancings now account for about two-thirds of all mortgage applications, and all that volume means the process is taking some time. "On average, the industry is taking anywhere from 40 to 60 day 8 rules for managing your 401(k) in a recession 09/02/2019 11:30am • How will a recession affect your 401(k)? When recession talk heats up, financial questions abound. One of the most common centers on how to protect your 401(k) from a stock market crash. While a repeat of the 2008 financial crisis isn't likely, how the economy will be shaped by trade wars and int Wine of the week: wines of Chateau Montelena 08/23/2019 04:52am • With the recent launch of the Vine Guy podcast, I have had the opportunity to meet and talk to a variety of wine personalities on an extended basis. I caught up with Matt Crafton, the winemaker at Chateau Montelena, located in the Calistoga American Viticultural Area (AVA) of Napa Valley. Despite Why vacation loans can be a bad idea 08/22/2019 08:00pm • A loan may seem like your ticket to a dream vacation when you lack the cash to cover the hefty price tag upfront. A vacation loan is simply another name for a personal loan you use for travel. But looks can be deceiving. That vacation loan you use to finance your seven-day Caribbean cruise cou Is your college student moneywise? Teach them these financial fundamentals 08/19/2019 04:22am • Before they even set foot on campus, college kids must know the essentials of sensible money management. That's because many are already destined for years of monthly payments. According to the finance website Make Lemonade, over 44 million Americans are saddled with about $1.5 trillion in total