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BankUnited of Florida is offering a competitive 3.25% APY 4-year CD and a 3.50% APY 5-year CD. These are some of the best cd rates for these terms according to the BestCashCow rate tables. The minimum balance to obtain this rate is... Read →

Five Ingredients for Debt Disasters

Many of us have financial habits that get us into debt trouble. Here are some of those habits so you can look at your self and see if there are some changes that need to be made.

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Applications for Home Loans Continue Dropping

Subprime mortgages, the housing bubble and rising interest rates have plagued the industry. Now the number of loan applications is going down, too. How much more can the housing industry endure?

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In the Fed's semiannual report to Congress, Chairman Ben Bernanke reiterated that rates will stay low for an extended period. How long is an extended period? Certainly through 2010 and perhaps longer in my opinion. Here's what... Read →

BestCashCow's Lynne Ashminov interviews Tom Doe from Municipal Market Advisors on Build America Bonds. What are they and do they present an opportunity for the individual investor?

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If the new credit card regulations have gotten you confused, we have a simpler and more condensed version of them to help you understand them better.

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There is a lot of talk about mortgage rates going up soon. But what is behind the talk and how likely is it?

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National Capital Also Leads in Credit Card Debt

Which states have the highest and lowest rates of delinquent credit card payments? Is there good news coming from the credit card industry? Hardly.

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Former Fed Chairman Alan Greenspan said today that the current financial crisis is 'by far' the worst in history. Speaking at the Credit Union National Association’s Governmental Affairs Conference in Washington, he said that... Read →

Bonuses at Wall Street firms have increased 17% during 2009, with an average bonus of over $123,000 per worker. This is despite the industry starting into the abyss in 2008 and recovering from taxpayer funded bailouts.

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Could Interest Rates Stay Low Despite Growing US Debt - Look at Japan

The prevailing wisdom today amongst analysts and those "in the know" is that interest rates are poised to go higher, partly because of massive government borrowing/spending. Yet, Japan's economy over the last 20 years has shown exactly the opposite impact of high borrowing. Interest rates have dropped even as the government has added more and more debt.

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The December 2009 data from the S&P Case Shiller Index shows that housing is pretty much dead in the water. It's not getting worse, but it's also not getting better. The U.S. National Home Price Index fell in the fourth quarter... Read →
The number and total assets of problem institutions on the FDIC 'Problem List' continued to grow at the end of 2009 as banks charged off even more bad loans than in 2008. At the end of December, there were 702 insured... Read →

Is your Banker/Financial Planner Loyal?

Following a mass migration of brokers from Merrill Lynch after the buyout by Bank of America, some high-ranking executives and brokers are returning. Is this an exhibition of disloyalty and conflicts of interest between brokers and you, the client?

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Following on from a previous article, I believe the decline of the United States is not inevitable. Rather, I have a somewhat different conclusion which as unreal as it may seem is extraordinarily likely.

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