Personal Finance Daily: Record low 15-year mortgages gain appeal

	Personal Finance Daily JULY 23, 2012 Monday's Personal Finance Stories By MarketWatch Don't miss these top stories: Record low 15-year mortgages gain appeal. 5 ways to cut the costs of traffic tickets. 5 money moves a VIX-watcher is making now With interest rates on 15-year fixed-rate mortgages averaging less than 3% since May, more people are taking the opportunity of switching their current home loan for the 15-year term, Amy Hoak writes today. Not only are rates low, but the spread between the 15-year and the 30-year mortgage is unusually wide, making it even more attractive. But there are some caveats, and Hoak lists ways borrowers can crunch the numbers to see if the 15-year mortgage is right for their situation. Also on MarketWatch today, SmartMoney's Kelli B. Grant writes that higher insurance premiums aren't the only impact of traffic tickets. While keeping your nose clean and avoiding a ticket in the first place is the best plan, people who get a ticket do have some options to help reduce their fines, points and insurance penalties. — Anne Stanley , Managing Editor, Personal Finance Record low 15-year mortgages gain appeal Average rates on 15-year fixed-rate mortgages have been below 3% since May, causing more borrowers to consider trading in their current mortgages for one with a 15-year term. Record low 15-year mortgages gain appeal. 5 ways to cut the costs of traffic tickets Here are five ways you can cut the long-term costs of getting pulled over. 5 ways to cut the costs of traffic tickets. INVESTING Fantasy Earnings Trader results — week 1 The results are in for the first week of MarketWatch's Fantasy Earnings Trader competition with some jaw-dropping returns by this weeks winners. Fantasy Earnings Trader results—week 1 5 money moves a VIX-watcher is making now It has been all quiet on the Wall Street front. Too quiet for stock-market strategist Nicholas Colas. 5 money moves a VIX-watcher is making now Buyouts boost volatile medical tech sector An investment letter that lives dangerously is currently living well, writes Peter Brimelow. Buyouts boost volatile medical tech sector Is the game up for property tycoons? Hong Kong is well known for having among the highest property prices in the world, but Craig Stephen writes that one important pillar behind these sky-high valuation — limited supply — may soon slip away. Is the game up for property tycoons? ECONOMY AND POLITICS Italy and Spain revisit folly of short-sale bans Despite their temptation, short-selling bans cause lasting damage, writes Steve Goldstein. Italy and Spain revisit folly of short-sale bans 7 economic indicators that could decide election The election will hinge on the economy, says Rex Nutting. Here are seven economic indicators to monitor how voters are feeling about the economy. 7 economic indicators that could decide election Let the automatic budget cuts take effect The automatic budget reductions coming on Jan. 1 should go into effect to give the political system a much-needed jolt, says Jack Nutter. Let the automatic budget cuts take effect The rise and rise of Asian financial centers The crisis in the West means that the stage is set for Asian practices, principles and markets gradually to come to the fore in global financial services, writes David Marsh. The rise and rise of Asian financial centers Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111