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Bank Rates Suffer from a Mix of Market Conditions

The mix of factors now prevailing in the financial markets is almost the perfect recipe to challenge anyone depending on CD rates, savings account ra[...] read more »
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Bank Rates May Have to Change Soon in Response to Inflation

The most recent Consumer Price Index (CPI) release indicated that inflation increased by 0.2% in September. This is a seemingly modest number, but it[...] read more »
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Reverse Mortgage Scammers Being Driven Out of the Industry

Like cockroaches scattering when you turn on the lights, reverse mortgage scammers are running scared. read more »
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Bank Reform Debate Continues Even as Recovery Continues

It’s not surprising that former Fed Chairman Paul Volcker has voiced the opinion that banking reform must include the break-up of large institutions,[...] read more »
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High Savings Rates Can Be Maintained by Continuing Good Habits

Americans are nothing if not resourceful. Confronted with lower incomes and a scary financial outlook during the recent recession, Americans not only[...] read more »
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Buffett buying Burlington rail in his biggest deal

Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation's largest rail compan[...] read more »
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With Savings Interest Rates Low and Bank Fees Rising, Customers Must Take Care

Banks are raising their fees for a variety of customer activities, from ATM transactions to simply having an account. If you think these fees don't [...] read more »
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Bank Rates Could Take a Hit from Latest FDIC Proposal

Could Bank Rates Fall as an Unintended Consequence of the FDIC's Funding Proposal? read more »
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The Upside: Habits of the rich and thin

So I've been researching What's Necessary to Be Rich and Thin. And here's what I've learned so far:
1) IT'S A CONSPIRACY.
2) YOU'RE NOT [...] read more »
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Bank Rates Behave Like US Treasuries, With Some Important Exceptions

At first glance, bank rates and Treasury yields might seem like comparing apples and oranges: Treasuries are freely traded, typically in very large a[...] read more »
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Savings Account Rates Yet to Be Affected by Economic Optimism

From optimism about the economy to signs that the deflationary period is over, logic would dictate that interest rates should be rising. Indeed, sinc[...] read more »
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Even Procrastinators Can Build Savings

If you are a procrastinator, this might get your attention: what if someone offered you more than $8,000 for 4 hours of work, as long as you got it d[...] read more »
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It's Time For Generation Y to Get Acquainted with Savings Accounts

Generation Y is dragging its feet when it comes to saving money. This is not youthful rebellion--it's repeating the same mistake that too many baby [...] read more »
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Is Your Savings Account “Too Big to Fail”?

“Too big to fail” must be considered the phrase of the year, due to its extreme adoption rate and impermeable imprint upon American society. In Washi[...] read more »
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Bank Earnings Hugely Dependent Upon Trading

Repealing of the Glass-Stegall Act would present giant problems to the big banks as they’re currently constituted. read more »
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