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The Federal Reserve's new credit card rule could save you hundreds or even thousands of dollars.

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Sallie Mae is one of the newest entrants into the online banking industry. What can you expect from their online savings accounts and CDs?

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Average CD rates were mostly flat this past week and the top cd rates did not change at all.

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Many investors who traditionally invested in municipal bonds are instead buying Treasuries as the yield spread between the two investments moves closer together. According to Bloomberg: "Local government bonds due in three years... Read →

Goldman Sachs is finding itself on the wrong end of more and more negative publicity. This time, the world's biggest soccer team Manchester United are taking it out on the firm.

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By publicly revealing that they sent requests to a bunch of hedge funds to keep trading records related to the Euro currency, the U.S. government is in effect telling hedge funds not to profit from any overvalued situations, such as the Greek debt

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Nevada Federal Credit Union is taking a different approach, paying its members to withdraw funds from their savings accounts. Why? The credit union has too much cash sitting on its balance sheet and is losing money on it. The Las Vegas... Read →

The mortgage business is going through some turmoil. Fannie Mae and Freddie Mac are looking for solutions to stop the proverbial bleeding.

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North Carolina's MidCarolina Bank is offering a great bonus for signing up for a reward checking account.

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Five Reasons to Refinance Your Mortgage

Making the decision to refinance is never easy, but here are some of the advantages to refinancing your mortgage loan to help you make your decision.

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The spread between savings rates and CD rates hit a record this week as savings rates and short-term CD rates continued to decline while longer-maturity CDs held their return. The increasing spread indicates that banks are compensating longer-term deposits more now than ever before.

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Savings rates dipped slightly this week with the average dropping from 1.45% APY to 1.41% APY. Despite that, the top savings rate remained at 2% (ReadySaver.com from Southern Community Bank).

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After printing endless amounts of money and growing an unsustainable fiscal deficit, the US economy and inflation outlook is dire. However, it's my opinion that we are not going to see anything like the

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Build America Bond issuance hit $78 billion at the end of February according to the Treasury Department. BABs not comprise over 20% of the municipal bond market. States and municipalities did $7.2 billion in Build America Bonds in... Read →
Yields on Treasury notes and bonds rose on Friday as investors reacted to better than expected employment figures. The rise in yields dropped bond prices. But as the charts below show, the moves are hardly anything to get excited... Read →