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Record low 15-year mortgages gain appeal

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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.

-- , 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

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ECONOMY AND POLITICS

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The rise and rise of Asian financial centers

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