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You Better Shop Around

Some 92% of homebuyers finance their purchase with a mortgage, according to the National Association of Realtors. Yet only 8% of buyers started their house hunt with a call to a bank or mortgage lender. Sound backward? It is. But Houston homeowners Anjuan and Aneika Simmons did it the right way. When the Simmonses started searching for a home, they examined their finances to determine how much they could afford to spend. “We went online and used different sites that had tools and calculators to help you decide whether you want a fixed- or variable-rate mortgage,” says Anjuan. “Then, we did the math on how much of our income we wanted to spend on our mortgage [payment].”

The Key to the Right V.P.

The Key to the Right V.P.

As the Democratic and Republican national conventions draw close, all eyes will not only be on the parties’ nomination for president but who is going to be the vice presidential candidate or running mate. Political analysts note many factors influence a candidate’s ideal running mate, although the common thread among party delegates is to balance the ticket. So, a particular running mate may be chosen to appeal to a certain geographic region, ideology, or voting constituency—or even to help restore party harmony after a bitter campaign.

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