Word: fees
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...What's more, a new "Adverse Market Fee" recently instituted by lenders for borrowers with less than perfect credit (regardless of the market) could raise the cost of a loan another half a percentage point - or an additional $70 a month on that same $200,000 loan - for nearly 20% of Americans. "For individuals looking to buy a home this is going to be just one more obstacle in their way," says Barry Ziggus, who tracks housing issues for the Consumer Federation of America...
Hedge funds typically charge investors 1% of their money each year, as well as a performance fee of 20% of the fund's annual gains. That can be a lot of money. For example, the average hedge fund rose nearly 12% last year. That means someone who invested $1 million - often the minimum - in an average hedge fund last year would have made $120,000 but would have paid back $34,000 in management fees...
...remind you that shrinkage will occur. Halloween on the Harbor at Georges Island From Saturday, October 25 to Sunday, October 26, a Halloween-themed Fort Warren will be open for tours, as will the national park and beaches. The festival and activities are free although there is a $14 fee for the ferry ride. Tougas Family Farm The farm is open every day from 10 a.m. to 5:30 p.m. for apple picking, pumpkin picking and caramel apples. Wagon rides are provided on weekends and half a bushel of apples costs $25. The farm is 40 minutes from Boston...
...income.Fitzsimmons, explaining why Harvard passes on the National College Match Program, said that the College’s current outreach to low-income students was at its maximum and, in turn, produced a “very, very strong applicant pool.” Fitzsimmons also said that the fee colleges must pay in order to participate in the program is a deterrent. “That amount of money you pay to a program is money that could go into financial aid,” he said.Though lacking concrete figures, he said he knew...
...Fee Fall. While most airlines are nickel and diming their passengers, in a bit of refreshing news, Qantas is cutting fees. Since the cost of fuel has dropped, you'll pay less in fuel surcharges, which are normally tacked onto fares: They'll go down $20 on Qantas flights from Australia to Europe, and $10 from Australia to the U.S. It's not much, but when's the last time you remember an airline saving you money...