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Fixer-uppers – existing homes in need of updates or repairs – usually sell for less per square foot than homes that are in good shape, says Dan Bawden, president and CEO of Legal Eagle Contractors in.

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Cadence in general has a higher-yielding portfolio than many other banks – their average originated loan this quarter had a yield of 5.4% as a result of doing a great deal of business lending. You.

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"The survey shows that homeowners who are carrying credit card and other types of debt – including student loan debt – in addition to their mortgage are more likely to finance their home renovations .