Archive for the 'Banking' Category

Mortgage Rates Drop To 50 Year Lows

Mortgage rates are down to rates we have no seen in 50 years. Since the early 1970s when we have good data for mortgage rates these are the lowest rates we have seen.
1) December 2008 5.19
2) June 2003 5.23
3) March 2004 5.45
4) May 2003 5.48
Before this rates were at current levels in the late […]

Making the Best Use of Your Savings Account

Critical to everyone’s financial portfolio, savings accounts afford a safe place to keep and increase money. At their most basic definition, savings accounts offer accessibility to cash. This is also known as keeping your cash liquid, meaning it can be withdrawn easily and quickly.
Generally, savings accounts pay out more interest than checking accounts. In other […]

How to get the Best Possible Interest Rates on Your Savings

Do you have any idea how much interest you receive on your savings at your bank? Probably not! Most people are banking at the same bank their whole life and continue to do so without asking themselves if their bank is the right one.
We compare almost everything in our lives, especially before purchasing expensive […]