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Hopefully, this begins a trend that will make Bank of America regret acquiring this company and make Mozilo the next Bernie Ebbers. Bravo to IL's atty general.
The Case/Schiller home price index now shows that housing prices dropped a record 15.3% in the past year and are now at 2004 levels. Another report shows that the rich dumped their real estate in...
Thank goodness we have the Joint Center for Housing Studies at Harvard. As the Financial Take Me Back Machine(TM) shows, they always provide a positive side to the housing market, even in these...
It can cost $500 or more in gas to commute to work. Those with long and now expensive commutes are starting to rethink where they live and buy their homes. Another impact of high gas prices.
As the housing market has come down and foreclosures have soared, the rental market has become more active. Many people who were foreclosed on though are having trouble even getting into a rental.
Housing permits and starts are all down significantly from last year.
A new tool from HeatMap.com combines rental and housing sales data to provide an indicator on whether it makes sense to rent or to buy.
The titles include Flipping Houses for Dummies in 2006, Foreclosure Investing for Dummies in 2007 and Foreclosure Self-Defense for Dummies in 2008. And they all are from the same author.
Thought the housing problem was just isolated to the subprime market? Think again. It's not spreading to the option ARM market.
I thought they would learn. Apparently not. A new practice is gaining traction that helps people boost their credit score to get a loan, they shouldn't have. And guess what kind of loan?...
Interesting Blog post which pulls together articles detailing how "housing experts" missed the crash. I remember in 2005 how the National Association of Realtors lead economist David Lereah was...
The National Association of Realtors, and the creators of the S&P/Case-Shiller Home Price Index agree that there data may overstate the drop in home prices over the last year. As both admit, their...
John McCain is a straight shooter. We seem to live in a country where everybody is expecting the government to bail them out of poor decisions, even though it is already bankrupt. McCain is going...
The President of the Boston Federal Reserve, Eric Rosengren wrote an opinion piece that is more public service announcement. He encourages homeowners with subprime mortgages to get help before...
Thing are only getting worse in the housing market and that's going to put further strain on banks. Expect to see several hedge funds and banks in the news in the coming weeks.
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BestCashCow provides rates and information on a wide range of financial products - savings accounts, CDs, credit cards, and more. - as well as financial information gathered from across the Web.
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Type
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Rate
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Institution
|
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4.01%
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Everbank
|
|
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2.57%
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Dreyfus
|
|
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~4.00- 12.00%
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Various brokerages
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|
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3.35%
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GMAC Bank
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4.00%
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IndyMac
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|
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4.25%
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IndyMac
|
|
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4.50%
|
Wachovia Bank
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|
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5.00%
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Wachovia Bank
|
|
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4.84%
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US Treasury
|
|
|
4.00%
|
Federal Home Loan Bank (state and local tax exempt)
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|
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3.32%
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Northrop Grumman FCU
|
|
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3.90%
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Alliant CU
|
|
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4.08%
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Self-Help CU
|
|
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4.44%
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Self-Help CU
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|
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2.00%
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Various brokerages
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|
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2.28%
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Various brokerages
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|
|
3.04%
|
Various brokerages
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|
|
3.68%
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Various brokerages
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|
|
4.21%
|
Various brokerages
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See more product and rate information
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