Articles

The Federal Reserve announced today that it would continue to purchase $85 billion per month of mortgage and treasury bonds. Mortgage rates and CD rates had begun to rise in expectation of tapering and this move will act to depress rates for the next couple of months.

CD averages edged up again over the last month, the third month-in-a-row. Online savings account averages dropped slightly and a new bank took the top online spot. Should you open a CD or a savings account?

JP Morgan Chase has come to market with the highest yielding 15 year structured note that we have seen in some time. This offering is consistent with the 10 year Treasuries testing of 3.00%, the early stages of some slope to the yield curve, and the increasing governmental scrutiny facing the Jamie Diamond-run's banking behemoth.

A new survey of bank users found that 80% rank their bank as excellent or very good in accessibility. Does this match your experience?

Last month, we reported on the first increase in 3 and 5 year CD rates that we had seen in over two years. We wondered if the trend would continue despite the Fed trying to talk rates down. The good news is that...

If you use credit cards as a financial tool rather than as just a means for credit, they can help you get that trip to the beach or plasma TV faster than you could have gotten it on your own…without depleting your savings.

GE Capital has now moved heavily into the online savings bank arena, launching two separately FDIC insured online banks in 2013.

Most people who want to leave money or property to their heirs think the best thing they can do is create a will. While a will is a good thing to consider—and it's certainly better than having nothing at all - here is a better option for some people. If you have accumulated significant assets (including property value), fear there may be a dispute over your assets when you pass on, own real estate in another state, or want to keep your affairs strictly private - out of publicly accessible court documents - then you may want to consider a living trust instead of a regular will.

For the first time in over two years, the average rates on three and five year CDs rose in the past three weeks. This is both momentous in the savings world, and a yawn.

In today's mortgage world, doctors, lawyers, and other professionals can find that getting a mortgage after graduation can be very difficult if they have high student debt and lack significant job history. We ask the experts for some tips on what these graduates can do to improve their chances of being approved for a mortgage.

JP Morgan Chase, like Morgan Stanley and Citibank, had exited the structured note market about a year ago when long bonds rates fell so low that structured notes could no longer be structured. Today, they returned to the market today with a new 6.50% structured note.

Bond rates spiked over the last month causing mortgage rates to rise significantly. What was the impact on savings and CD rates?

Mortgage rates have spiked considerably over the past four weeks as a slew of positive economic data has hinted that the economy may be picking up steam. Will rates continue to rise?