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Here is a three part article on mortgage backed securities that you will want to read before buying the complex product.
Read →Mortgage rates continue to fall according to Freddie Mac. 30-year mortgage rates matched an all-time low this week and 15-year fixed-rate mortgage rates and 5-year ARMs broke new record lows.
Read →Here is a basic article on bonds, how they relate to our everyday lives and what to consider when you are investing in them.
Read →Melrose Credit Union is offering a 3.65% APY 5-Year CD. That tops the credit union CD rates as well as the general bank CD rates for that term.
Read →Incredible Bank is a new online bank that is offering a high yield checking account. While the rate is lower than most reward checking accounts, the account doesn't come with any of the transaction requirements of a reward checking account.
Read →There has been a lot of changes in the laws regarding bankruptcies and here are some of them.
Read →This development probably marks the end of the line for Saab which sold only 7,600 cars in the US in the last 12 months.
Read →JP Morgan Chase has recently begun touting a new program offering new customers 100,000 airline miles.
Read →Here is a strategy you may have heard of: bond swaps. There are a number of reasons to do a swap, and here are some of them.
Read →On the heels of the Auction Rate Securities meltdown, Wells Fargo is stepping up to the plate and doing the right thing.
Read →It pays to do your homework and I am sure investors of this fund will not make that mistake again. www.bestcashcow.com/bond_resources/index.html
Read →The National Association of Realtors announced today that existing home sales for October rose 10.1% to a 6.1 million annual rate from a 5.54 million pace in September. This of course was done with massive government intervention including the $8,000 first-time home buyers tax credit, super low interest rates, and FHA mortgage assistance.
Read →CD and savings rates showed virtually no movement over the past week. Mortgage rates have decended over the past three weeks, touching lows not seen since last April when the Fed began buying up mortgage backed debt.
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