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Postpone new annuities for now

Article Abstract:

New reports reveal that insurance companies that sell annuities are likely to be charged with securities violations for allowing favored investors to make quick in-and-out trades that undermined returns for ordinary investors. The fact is high fees, confusing rules and poor performance have long made variable annuities a poor choice for most small investors.

Author: Brown, Jeff
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Commodity & service prices, Direct Life Insurance Carriers, Life insurance, Annuity Insurance, Prices and rates, Annuities, Company pricing policy

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The pros, cons of alternatives to traditional mortgages

Article Abstract:

Interest rates are expected to rise, making mortgages more expensive such as the 30-year fixed mortgage price that increased from 5.5 percent to 6.5 percent. The advantages and disadvantages of alternatives to different types of mortgages and loans such as 30-year fixed mortgage are described.

Author: Brown, Jeff
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Interest Rates, Mortgages

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Subjects list: Forecasts and trends, Market trend/market analysis, Pennsylvania
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