BestCashCow released its list of the Top 10 Safest States to Bank. Check and see if your state is on the list.
Posted on May 16, 2013 by
Sol Nasisi
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In the process of searching for the best mortgage, you may come across both mortgage brokers and mortgage loan officers. Whats the difference and which one should you work with in securing the best loan at the best rate with the best service?
Posted by
BestCashCow
Top online savings rate holds at 1.05% APY. Top CD rate steady at 1.75% APY. Reward checking still paying 3.01% APY. Average rates continue to trend down.
Posted on May 13, 2013 by
Sol Nasisi
Homeowners have some common mortgage misconceptions that can cost them thousands of dollars. Learn what they are and the real facts.
Posted by
Sol Nasisi
Savings rates continued their relentless march, like zombies in some horror movie, moving mindlessly lower and lower. Average one-year CD Rates dipped from 0.368% to 0.366% APY. Three year average CD rates dropped from 0.730% to 0.726% APY. Five year average CDs dropped to from 1.071% to 1.066% APY. The only good news on the savings front is that average online savings rates remained steady at 0.705% APY for the second week in a row. We remain on pace to see a sub 1% average APY on a 5 year CD rate by August or September.
Posted on May 06, 2013 by
Sol Nasisi
In a May 1, 2013 letter to depositors, Bank Direct has announced changes on June 1 to the American Airmiles Mileage Checking with Interest Program. The changes will render the program worth much less to most depositors.
Posted on May 04, 2013 by
Ari Socolow
Share Plus Federal Bank in Plano, Texas is offering a 2% APY 12-month CD rate good for terms between 1-5 years.
Posted on April 29, 2013 by
Sol Nasisi
Top online CD rate drops to 1.75% APY. Top online savings rate steady at 1.05% APY. Outlook: Rate will continue to trend down.
Posted on April 29, 2013 by
Sol Nasisi
Top national CD rate at 1.85% APY. Top national savings rate at 1.05% APY. Averages continue to decline. Economic indicators point to further declines.
Posted on April 22, 2013 by
Sol Nasisi
Payments to 4.2 million borrowers whose homes were in any stage of the foreclosure process in 2009 or 2010 are scheduled to begin on April 12.
Posted on April 10, 2013 by
BestCashCow
Duke Energy has begun to advertise an unsecured commercial paper program. While the company is offering yields that are as high as 1.51%, these notes are uninsured, and hence represent an inappropriate place to stash cash for most.
Posted on April 08, 2013 by
Ari Socolow
Top nationally available CD rate stable at 1.85% APY. Top online savings rate at 1.05% APY. Average rates continue gentle decline.
Posted on April 08, 2013 by
Sol Nasisi
Top CD Rate of 1.85% APY. Top online savings rate of 1.05% APY. Average bank rates continue decline. Is the U.S. economy headed for a crash and how you can protect your cash.
Posted on April 01, 2013 by
Sol Nasisi
Today's news from the EU is that Brussels determined that the Bank of Cypress should be reorganized in a manner leaving its depositors with losses of up to 30% of their deposits over insured amounts, and that the Laiki Bank should be "resolved" in a manner leaving its depositors with losses of up to 70% of deposits over insured amounts. Cypriot law had insured depositors to a Euro 100,000 level so the burden is falling largely on those depositors more wealthy than the average Cypriot, including wealthy and near-wealthy Russians who by many accounts now provide more than half of the deposits to Cypriot banks.
Posted on March 25, 2013 by
Ari Socolow
Top national CD Rate steady at 1.85% APY, online savings steady at 1.05% APY. Cypress protects insured deposits. Rate forecast: more declines.
Posted on March 25, 2013 by
Sol Nasisi
