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Average CD Rates and Best CD Rates Week of August 19, 2013 20 Aug 2013 | 07:20 pm
Below is the short list of average CD rates and the best CD rates available for the week of August 19, 2013. We don’t expect short term CD rates to move higher any time soon but long term CD rates sho...
Mortgage Rates Would Rise if Fannie and Freddie are Ended 14 Aug 2013 | 07:16 pm
Competing bills in the House of Representatives and the Senate would wind down both Freddie Mac and Fannie Mae, the government sponsored entity (GSE) mortgage guarantee companies. Freddie and Fannie p...
The Financial Crisis, Great Recession, Deposit Rates, Unemployment Rate and the Federal Reserve 13 Aug 2013 | 07:53 pm
Everyone who has opened a savings account, money market account, or a certificate of deposit account over the past 6 years has seen how low interest rates have fallen. If you had a long term certifica...
Long Term CD Rates to Move Even Higher in Coming Months 12 Aug 2013 | 01:27 am
The stage is finally set for long term CD rates to move higher in the coming months after years of low rates. Long term rates, 3 year to 5 year rates have already moved higher since late April. Back o...
Higher Mortgage Rates and Home Prices to Curb Price Appreciation in 2014 6 Aug 2013 | 05:38 pm
Higher mortgage rates and home prices are expected to slow down the price appreciation of homes next year. This isn’t a surprise since the double-digit price increases of the past year are just not su...
Retirement Accounts in the U.S. Recover From Losses During the Finanical Crisis 2 Aug 2013 | 11:46 pm
During the financial crisis and the Great Recession, the value of individual retirement accounts plummeted as equity markets fell about 50 percent on average. Since that time, which is over 5 years no...
Read the Fine Print on Savings Accounts to Avoid Monthy Account Fees 2 Aug 2013 | 01:05 am
Thinking about opening a new savings account or did you forget about a savings account you had? Besides searching for the best savings rates when opening an account, you should also read the fine prin...
Average CD Rates and Best CD Rates This Week July 29, 2013 30 Jul 2013 | 07:40 pm
While interest rates on mortgages have skyrocketed this summer, the same can’t be said for CD rates. Mortgage rates surged higher on average about 100 basis points due to long term bond yields also mo...
Mortgage Rates Retreat from Recent Highs 28 Jul 2013 | 10:03 pm
Mortgage rates are finally taking a breather from the recent increases and have declined the past week. Since the beginning of May, mortgage rates on 30 year conforming loans moved 1.00 percent higher...
Most Americans Confused Over the Purpose of a Budget 25 Jul 2013 | 06:47 pm
A recent poll conducted by the National Foundation for Credit Counseling (NFCC) found that a majority of respondents misunderstand the purpose of a budget. 57 percent of respondents believe a budget ...
