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Related Tags: Housing bubble, Subprime, Banking industry, Mortgage, Foreclosures, Federal reserve, Economy.
A creatively written fairy tale of the mortgage mess
Mortgage bankers report hits grim a benchmark in first quarter, showing a record number of homes in jeopardy. This marks the sixth straight quarter in which a record percentage of loans went...
A Blogger calling himself Captain Capitalism has put together a short cartoon that explains the mortgage mess. From what I can tell he's an economics professor at a university in Minnesota.
The market rallied a bit on Friday on news of the Fed pumping money into the market. The mortgage market seems to be melting down and everyone is waiting to see how far the unwinding will go.
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BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.
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Type
|
Interest Rate
|
Institution
|
|
4.76%
|
EverBank
|
|
|
2.53%
|
Fidelity
|
|
|
3.56%
|
Corus Bank
|
|
|
4.05%
|
Corus Bank
|
|
|
4.50%
|
Washington Mutual
|
|
|
4.45%
|
Geauga Bank
|
|
|
4.81%
|
Discover Bank
|
|
|
4.84%
|
US Treasury
|
|
|
3.50%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
|
3.28%
|
Northrop Grumman FCU
|
|
|
4.06%
|
Melrose CU
|
|
|
4.22%
|
Melrose CU
|
|
|
4.32%
|
Melrose CU
|
|
|
1.83%
|
Various brokerages
|
|
|
2.01%
|
Various brokerages
|
|
|
2.38%
|
Various brokerages
|
|
|
3.10%
|
Various brokerages
|
|
|
3.84%
|
Various brokerages
|
See more product and rate information
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