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Jul 15

Retail Sales Rise For 12th Straight Month In June

The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing. In June, for the 12th straight month, retail receipts rose, excluding cars and auto parts. Analysts expected no change from May. Instead, receipts topped $321 billion -- an all-time record. For home buyers and would-be refinancers in DC , this is a bit of unwelcome news. Mortgage rates are rising in the wake of the Retail Sales data … [Read more...]

Jun 28

Top 25 Least Expensive U.S. Cities

A report issued Monday by the U.S. government showed core inflation rising 2.5 percent in the last 12 months for its biggest one-year gain since January 2010. Everyday living is becoming expensive, it seems. But there are some U.S. towns in which the cost of living remains affordable -- and downright cheap -- as compared to the national average. They're detailed in a BusinessWeek piece titled "The Cheapest 25 Cities In The U.S".  It should be no surprise, Washington DC does not rank in … [Read more...]

Jun 09

Moving To A New City? See How Much Your Cost Of Living Will Change.

It's a fact: It's more expensive to live in some cities than others. Beyond just the costs of buying a home, different cities also carry a different Cost of Living. For households relocating to DC and across state lines, the change in "life costs" can be jarring. Depending on where you live, everyday expenses -- from groceries to gasoline -- make a different-sized dent in a household budget. And now you can see in numbers by how much your expenses might change. Visit Bankrate.com's Cost … [Read more...]