State Holding Unclaimed $599 Million: Look Up Your Share Here

by Categorized: Banks Date:
(Getty Images)

(Getty Images)

This weekend’s Bottom Line column:

State residents, past or present, have left behind nearly enough unclaimed property to pay for a new XL Center, the proposed downtown minor-league baseball stadium and the $55 refund once promised for every current taxpayer in Connecticut.

The total, about $599 million, includes unclaimed bank accounts, certificates of deposit, payroll checks, stock proceeds, utility deposits, estates, insurance payouts, inheritances, bonds and other proceeds. Seven people have not claimed property worth more $500,000. Thirty-seven others have unclaimed property worth more than $250,000.

More . . .

Freddie Mac: Mortgage Rates Lower Than Same Time Last Year

by Categorized: Banks Date:

Fixed mortgage rates dipped in the past week to levels lower than the same time last year, according to data released Thursday morning by Freddie Mac.
Thirty-year rates averaged 4.14 percent, down from the previous week (4.17 percent) and lower than a year ago (4.46 percent). Fifteen-year rates averaged 3.22 percent, down from the previous week (3.30 percent) and lower than a year ago (3.50).

The numbers in New England:

This week:
30-year: 4.14 percent
15-year: 3.23 percent

Last week:
30-year: 4.18 percent
15-year: 3.30 percent

A year ago:
30-year: 4.45 percent
15-year: 3.49 percent

Review: Blumoo Remote Control/Music Streamer

by Categorized: Cable TV, Consumer Electronics (TV, Home Theater Date:

hc-hunt-blumoo-profile-optThis week’s tech column, courtesy of Tribune Newspapers:

Designing an app that turns a smartphone into a universal remote control isn’t a technological quad somersault off the 3-meter board anymore.

Flyover Innovations, obviously, didn’t want to flop headfirst into the pool of same-old, Bluetooth-connected accessories/apps that command a television, Blu-ray player and DVR. For its first product, the crowdfunded company in Lenexa, Kan., added music-streaming powers to a stout little remote-control accessory named Blumoo. Judges, please note the enhanced degree of difficulty.

But is a $129.99 remote-streamer combo that occupies a smartphone or tablet, Apple and now Android, better than more sophisticated separates like an Apple TV music-video streamer ($99) and Universal Remote’s URC-A6 ($19.99)? Maybe not to this judge, but Blumoo is much cuter than either.


More . . .

AT&T Wireless Customer On ‘Administrative Fee’: What Is This?

by Categorized: Telecom Date:

hc-bottom-line-att-administrative-fee
Today’s Bottom Line column:

Q: “Here’s the text from the end of my AT&T bill describing a 61-cent monthly charge: ‘an Administrative Fee on consumer and Individual Responsibility User (IRU) lines to help defray certain expenses AT&T incurs, such as interconnection and cell site rents and maintenance.’ What is this?”

J.S., Wethersfield

More . . .

Road Trip! But Not To Connecticut: State Rated Seventh-Worst For Summer Trip

by Categorized: Travel Date:

For Americans planning a summer road trip, Connecticut is the seventh-worst state to visit, according to a survey released Monday by WalletHub.
The top five summer destinations: Oregon, Idaho, Minnesota, Utah and Washington.
The bottom five: Mississippi, Oklahoma, West Virginia, Arkansas and Alaska.
The survey rated states based on:
1) Driving and Accommodation costs
2) Traffic Conditions and Safety
3) Weather
4) Fun and Scenic Attractions.
In those individual categories, Connecticut finished at 50, 14, 14 and 46.

The Remorseful Buyer: Contracts You Can Cancel Within 3 Days

by Categorized: Consumer Rights Date:
(MCT)

(MCT)

This weekend’s Bottom Line column:

Once you sign a contract, there’s no clean way out — unless that contract is covered by a state or federal “cooling off” rule that allows consumers to cancel within three days.

What’s covered by the cooling-off rule follows no apparent logic or pattern so don’t waste time on buyer’s remorse.

What’s covered (or not) in Connecticut:

More . . .

Mortgage Shift Downward, Though Slightly: 30-Year At 4.18 Percent

by Categorized: Banks Date:

Mortgage rates moved downward slightly in the past week, with 30-year rates averaging 4.18 percent and 15-year rates averaging 3.30 percent nationally, according to date released Thursday morning by Freddie Mac.
A week ago, 30-year rates averaged 4.20 percent and 15-year rates 3.31 percent.

The numbers in New England:

This week:
30-year: 4.18 percent
15-year: 3.30 percent

Last week:
30-year: 4.19 percent
15-year: 3.31 percent

A year ago:
30-year: 3.95 percent
15-year: 3.06 percent

How To Make A Million After You Turn 70 (Or What Happens If You Start Young)

by Categorized: Personal Finance Date:

I don’t like the odds, but here it goes, via Bankrate.
Better to start younger. Here’s an example of someone who saves $1,000 a year, or only $19 a week, starting at age 25. Now let’s say that person stops saving at age 35. If the money goes into a retirement account earning 8 percent a year, the total investment will be $169,000 by the time that person turns 65.