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Beth Abraham Opens New Wing

On Sunday afternoon, February 26, the clouds lifted and the sun was shining as Rabbi Yaakov Neuburger cut the ribbon in front of Congregation Beth Abraham’s newly built extension. ....

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Dave Ramsey on Kosher Money: Part I

If you aren’t familiar with the Kosher Money podcast, now would be an excellent opportunity to check it out. ....

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All in a Day's Work

While the unemployment rate continues to be elevated, there aren’t enough hours in the day for those in certain businesses. ....

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Yeshivat Shalshelet To Launch in 2022

Yeshivat Shalshelet To Launch in 2022
jewishlink.news - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jewishlink.news Daily Mail and Mail on Sunday newspapers.

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Fundamentally Speaking, It Doesn't Look Good

Fundamentally Speaking, It Doesn’t Look Good
By Shmuel Shayowitz | December 17, 2020
With the first major snowstorm hitting our area this week, most expect a slowdown in activities, preparing to be locked down in their homes. However, there is certainly no slowdown expected in the markets, as a myriad of economic reports and news came out this week, which may significantly impact rates and housing activity in the future.
The Mortgage Market
The Mortgage Bankers Association released its Mortgage Application Data for the week ending 12/11, showing that overall application volume increased by only 1.1% from the previous week. Applications to purchase a home were up 2.0%, and Refinances increased by 1.0%. Refinance applications are 105% higher year-over-year, and purchase volume is 27% higher than last year. Per the report, mortgage rates decreased from 2.90% to 2.85%, which is the lowest in the MBA’s 30-year history. This is also 114 ....

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