Articles

A CD I opened with Ally Bank a year ago matured a few days ago. I called to cash it out, and was very pleasantly surprised by their response.

The US economy shed 85,000 jobs, more than expected by analysts in a sign that the US job's picture has still not fully turned the corner.

30-year fixed mortgage rates dropped from 5.14 to 5.09% this past week according to the Freddie Mac Weekly Mortgage Survey.

The Federal Reserve today released notes from the December 15-15 FOMC meeting. There were no big revelations in it and for the most part markets have yawned.

Apple Federal Credit Union is offering a 3.5% APY 60-month CD. That's a very competitive rate in today's low rate environment.

Here is a look at a trend that has been making waves with real estate professionals. Should there be a difference in value between a bank owned home and a non foreclosed property?

Nobel winning economist Paul Krugman believes there is a 30-40% change of a double-dip recession in 2010.

Fed Chairman Ben Bernanke, in a speech to the American Economic Association said that the low rate policy of the Fed in 2001-2004 played only a small role in the housing bubble. What were the culprits? Lax regulation, lax underwriting, and global capital flows.

Some feel the economy is not moving forward as was thought, but it's hard to argue against some of the data that just keeps coming out; like jobless claims for example.

The US government owns Citibank and the government should close down the behemoth's highly corrupt research team that purely manipulates stocks.

The average rate on a 30-year fixed mortgage rose to 5.14% this week according to data from Freddie Mac. That's higher than the 5.10% rate at this time last year.