CD Rates: Lots Of Cash, Where Is The Yield?

Americans are pumping money into bank accounts, sending deposits to record levels near $10 trillion on fears the U.S. economy is on the verge of another implosion. As a result, the national average on a 12 month CD is a meager 0.34% APY, according to Discover Bank’s website. And the Los Angeles Times reports that [...]

Read the full article → September 30, 2011

How To Get A Mortgage Now

The better prepared you are, the better mortgage and interest rate you will receive. If you are planning on applying for a mortgage or purchasing a new home it is best that you begin to prepare at least three months in advance.  Here’s how. Credit History First, make sure your credit history is being reported [...]

Read the full article → September 19, 2011

$150 Gift Card with New Credit Card – Daily Deal

Get a $150 gift certificate, and up to 2% cash back bonuses with The Discover More Credit Card. This credit card from Discover offers cash back rewards for every purchase.  In this case you get extra rewards for using the card at gas stations and restaurants.  Click here to apply.  Here’s the current offer: Free [...]

Read the full article → August 29, 2011

Strategic Mortgage Default – What You Need To Know

Would you risk the negative impact of strategically defaulting on a mortgage if you didn’t really have to? About 17 percent of Americans who defaulted on their mortgages in the second quarter of 2010 did exactly that, according to a study by Experian. “Strategic default” – choosing to stop paying on your mortgage even if [...]

Read the full article → August 25, 2011

10-year Treasury Yield Falls Below 2 Percent

Global economic fears fuel bid for safety as the yield curve flattens. The latest U.S. economic data heightened concerns that the United States will head back into recession at the same time the country’s rising debt load and record deficit leave the government and the Federal Reserve with fewer options to stimulate growth. The data [...]

Read the full article → August 19, 2011

Mortgage Rates at 30 Year Low – Do You Qualify?

If you’re in the market for a home mortgage, you may be in for a very low rate. According to Freddie Mac’s weekly mortgage survey, rates on 15-year fixed-rate mortgages as well as 5- and 1-year adjustable-rate mortgages hit record lows this week. The 30-year fixed-rate mortgage hit its lowest level for 2011. Mortgage rates [...]

Read the full article → August 15, 2011

Are CD’s Becoming Hot Again?

Certificates of Deposit (CDs) have become a hot topic of conversation among investors. Long the dependable-but-dull component of most investors’ portfolios, CDs became a prime safe harbor during the recent market turmoil by virtue of the very reliability that once made them seem staid. As investors stampeded into treasuries for protection-and drove down yields on [...]

Read the full article → July 25, 2011

2011 And 2012 Tax Breaks For Parents And Homeowners

Uncle Sam is handing out a few extra breaks to parents and homeowners on their 2011 and 2012 tax returns. Although the filing deadline is months away, some of these tax benefits require forward planning. Others may influence decisions you make now about child care, college and your home. The easiest credit parents can claim [...]

Read the full article → July 14, 2011

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