Articles

Amtrust has some very interesting CD rates.

I took a look at the recent data from the National Association of Realtors and put together a few graphs. They show that home sales have fallen sharply, inventories are up pretty dramatically, but prices have only fallen by 2%. Take a look and see what you think.

Mortgage rates spiked nearly a quarter of a percentage point this week on inflation fears, trouble with Fannie Mae and Freddie Mac, and overall bank weakness.

The stock market is cheering the Qualcomm - Nokia settlement, but this represents an excellent chance to sell out of both.

The Powershares SKF is one of the new tracking stocks. This one is two times levered short the financials, which means that its movement is twice that of the financial index in a reciprocal manner. If the financials are up, this is down twice as much. This makes the thing extraordinarily volatile and dangerous.

Charles Plosser of the Philly Fed said that housing problems shouldn't stand in the way of raising rates sooner rather than later.

Many Massachusetts savings banks have additional insurance for deposit amounts to $1 Million from the Depositors Insurance Fund (DIF). Chartered in 1934, no depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.

Here are some ways to ensure your bank accounts are protected. Some of the info we've covered before, some is new.

The Congressional Budget Office released a letter today and outlines the probable cost of fortifying and keeping Fannie Mae and Freddie Mac solvent.

It is time for Dylan Rattigan and his irresponsible group of clowns and morons to be taken off of the air.

You know the competition for deposits is heating up when Bank of America comes out with a competitive CD rate.

I am afraid that the stock market is going much, much lower.

The recent problems with Fannie Mae and Freddie Mac roiled the mortgage markets but they also had the potential to impact many money market funds. The government acted to prevent a bigger problem in both.

Many college grads are increasingly getting laid off and having to take salary cuts. A college education, even an expensive one isn't a guarantee of anything anymore.

More evidence that Bank of America knows exactly what it is doing.