5 Tips To Avoid Personal Finance Trouble When Buying A Home

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Fed announces interest-rate decision

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BlackRock Finds More Risk Assets at Insurers Than ’08

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The Denver City Council approved a long-debated affordable housing strategy plan Tuesday, but lingering disagreements over its details will influence budget debates in coming years.

Setting its sights on the next five years, the plan — called “Housing an Inclusive Denver” — expands on existing approaches and lays out potential new strategies to spend a new $150 million local housing fund that will be raised over the course of a decade via property taxes and development impact fees. That money is on top of longstanding, but dwindling, streams from federal programs and other sources that, combined with the fund, will provide a total of $31.3 million this year.

But key decisions will be made through annual housing action plans, which the council doesn’t approve but can influence, and the city budget, which faces final council approval. Those will give council members outlets to apply pressure if they disagree with Mayor Michael Hancock’s administration on the proper programs to fund.

T..

Colorado’s House of Representatives is gearing up for a dog fight as it tackles a bill to prohibit community associations from banning dogs based on their size or breed.

“People with big dogs are having a hard time finding a place to live,” said Rep. Paul Rosenthal, D-Denver/Arapahoe, explaining why he drafted the legislation, scheduled for a floor debate Wednesday.

The bill summary, only two sentences long, “invalidates any covenant that prohibits the keeping of certain types of dogs based solely on a breed, weight, or size classification.”

Community rules on nuisance barking, the disposal of waste and the number of dogs allowed per household would remain valid. Municipal rules barring vicious breeds, primarily pit bulls, aren’t impacted.

Rosenthal said he ran into a problem with housing several years back when his brother went on military deployment and he had to watch his dog, a Samoyed and Golden Retriever mix.

He ran into the issue again when a fellow teacher at his school br..

The picture of Denver’s would-be tallest building is coming into sharper focus after the developer turned in planning documents to the city last week.

Greenwich Realty Capital and its development team are envisioning a 1,000-foot tall, 81-story residential and hotel tower on the 1/4-block space at 650 17th St. now occupied by a parking lot. Previous plans for the project, dubbed Six Fifty 17, called for 90 stories at the same height.

Rendering courtesy of Davis Partnership ArchitectsThis cross section of Six Fifty 17, a proposed 81-story skyscraper that would be Denver’s tallest building. outlines how the floors would be used. This graphic was part of a site concept submitted to the City of Denver on or about Feb. 14, 2018 by Davis Partnership Architects on behalf of developer Greenwich Realty Capital.A plan concept now on file with the city — representing the earliest step in Denver’s project review process — details a 705,045-square-foot building with lobby space and a restaurant..

The FHA has announced it will cut mortgage insurance premiums, a move that may ease the burden of rising interest rates Federal Reserve officials said they would begin running off their $4.5 trillion balance sheet “relatively soon” and left their benchmark policy rate unchanged as they assess progress toward their inflation goal. The start of …

5 Tips To Avoid Personal Finance Trouble When Buying A Home

Much like any large purchase, home buying can result in emotional spending. Unfortunately, unlike overspending on an appliance or fashion accessory, the implications of taking out a mortgage bigger than you can handle can be a financial death toll. The excitement of home ownership can get in the way of savvy financial decisions. Keep the …

Insurers got burned badly in the 2008 financial crisis. So almost a decade later, BlackRock Inc. scoured the industry’s $5 trillion in U.S. investments to figure out how they would fare if markets crash so hard again. The answer: It could be worse. The world’s largest money manager mined regulatory filings of more than 500 insurance companies …

Denver’s the third-best city in the U.S. for retirees, according to a new study. Only Seattle and Minneapolis/St. Paul is better, according to “America’s Best Cities for a Healthy (and More Affordable) Retirement” that was commissioned by the Bankers Life Center for a Secure Retirement. The survey used the methodology in its ranking of 60 U.S. cities …

Heading into Super Bowl 50, the differences between the Denver Broncos and Carolina Panthers have been picked over to death. But what about the two cities the teams represent? VIEW SLIDESHOW Charlotte and Denver: Comparing and contrasting the two cities as their teams prepare to… more Denver and Charlotte are different in many ways, from their …

By Lauren Lyons Cole April 26, 2017 Buying a new home is a big decision. Most people focus on the number of bedrooms or kitchen appliances, but new home buyers should be thinking more about how much mortgage they truly can afford. It’s a question many people may be facing soon. Almost three-quarters of Americans …

Drafting your will and testament is not exactly on most summer to-do lists. For many, the process is a memento mori, a task more foreboding than mowing the overgrown lawn. It’s no surprise that according to the American Bar Association, 55 percent of Americans do not have a will or other estate plan in place when …