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Last month, we reported on the first increase in 3 and 5 year CD rates that we had seen in over two years. We wondered if the trend would continue despite the Fed trying to talk rates down. The good news is that...

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If you use credit cards as a financial tool rather than as just a means for credit, they can help you get that trip to the beach or plasma TV faster than you could have gotten it on your own…without depleting your savings.

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GE Capital has now moved heavily into the online savings bank arena, launching two separately FDIC insured online banks in 2013.

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Most people who want to leave money or property to their heirs think the best thing they can do is create a will. While a will is a good thing to consider—and it's certainly better than having nothing at all - here is a better option for some people. If you have accumulated significant assets (including property value), fear there may be a dispute over your assets when you pass on, own real estate in another state, or want to keep your affairs strictly private - out of publicly accessible court documents - then you may want to consider a living trust instead of a regular will.

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For the first time in over two years, the average rates on three and five year CDs rose in the past three weeks. This is both momentous in the savings world, and a yawn.

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In today's mortgage world, doctors, lawyers, and other professionals can find that getting a mortgage after graduation can be very difficult if they have high student debt and lack significant job history. We ask the experts for some tips on what these graduates can do to improve their chances of being approved for a mortgage.

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I occasionally like to analyze the BestCashCow database to see how rates vary by state, bank size, etc. It's been awhile since I ran a rate analysis by bank size and by bank type (online versus brick-and-mortar) so I decided to update... Read →

JP Morgan Chase, like Morgan Stanley and Citibank, had exited the structured note market about a year ago when long bonds rates fell so low that structured notes could no longer be structured. Today, they returned to the market today with a new 6.50% structured note.

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Bond rates spiked over the last month causing mortgage rates to rise significantly. What was the impact on savings and CD rates?

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Mortgage rates have spiked considerably over the past four weeks as a slew of positive economic data has hinted that the economy may be picking up steam. Will rates continue to rise?

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They say everything in life is negotiable. So, with that in mind, I decided to see just how far I could get trying to negotiate a better rate at the bank. To start, I had some money that I wanted to keep safe over the next 12 to 18... Read →

Checking customers are at risk of paying high overdraft penalties and having their accounts involuntarily closed if they opt-in to bank overdraft programs when opening checking accounts according to a report released today by the Consumer Financial Protection Bureau (CFPB).

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Are CDs losing their place in a saver's portfolio? Savings data seems to suggest yes, at least for now.

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The economy continues to see-saw back and forth between good and poor economic news. Average bank deposit rates have responded by slowing their decline. Top rates are holding. Read on to see what I think the rate future holds.

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The impact on savings and borrowing rates is expected to be minor.

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