Economic Data:EUR / USD 1.3722 Up 0.0046USD / JPY 90.520 Down 0.0050GBP / USD 1.5130 Up 0.0073OIL 80.74 Up 0.94Gold 1,120.00 Up 16.60Key Economic News:The FOMC statement will obviously be the focus today, teed up by housing starts, import prices, and budget testim
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03/16/2010
Transition Laguna Presents Rethink Energy Panel Presentation Monday, March 15, 2010 at 6:30 PM Expert panelists will invite us to... Rethink city energy usage Rethink residential energy usage Rethink personal energy usage Panelists include Ziad Mazboudi, Senior Civil Engineer (City of San Jua
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03/15/2010
Today Bank of America announced it has approved 21,000 permanent loan modifications through the federal Home Affordable Modification Program. This marks a significant increase in the number of loan modifications approved by the bank, as they only had approved 3,200 as of January 2010. The major r
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03/12/2010
This coming Monday the Laguna Beach Historical Society is hosting a program focusing on the historical archtecture of Laguna Beach, focusing on the 60s and 70s when several notable architects placed their imprint on the city. Laguna Beach has always been a center for artists in Southern Californi
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03/11/2010
If you're into rocks and sediment layers or just want to get outdoors and experience a great piece of Laguna Beach coastline, there is a geology tour sponsored by the state park at Crystal Cove State Park this Sunday at 1pm! Crystal Cove is a beautiful beach in Laguna with lots of coastline wild
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03/11/2010
Came across this a little late, but its definitely a must see for any art lovers in the area! Laguna Beach's Saltfineart Gallery is hosting the Invisible Man collection by Mayra Barraza starting March 4 and ending on March 28th. These portraits are simple amazing and are really something special
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03/11/2010
Here is the link to our Daily Update Video http://mortgagecoach.utipu.com/app/tip/id/24398Mixed bag of economic news today. Not much reaction, most traders are hanging out to see how the 30 year auction will go later today. The news of China's inflation, could pressure the auction. Watch the 1
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03/11/2010
Just a small bit of info here. According to the MBA (Mortgage Brokers Association), mortgage applications were up half a percent this week, while the number of households that applied for mortgages was up two percent. Refinances were down 1.5% from last week. This is a little concerning because t
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03/10/2010
Early next month, the federal Home Affordable Foreclosure Alternatives program is set to launch. The purpose of this program is to help homeowners who have been denied loan modifications negotiate a short sale or deed in lieu of foreclosure with their banks. The federal program is offering incent
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03/10/2010
Just read an interesting article about a significant rise in the amount of mortgages that are being run through credit unions now instead of the traditional banks. What are the reasons for this? Obviously, this is a result of the banks taking a serious PR hit from the recession, with much of the
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03/05/2010