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Do you plan on financing a second home that will be used as a vacation property or a rental home? Use these tips to help the process move along smoother and protect your money as well.

President Obama today announced a $25 billion "landmark agreement" between the Federal Government, the State Attorney Generals, and five of the biggest mortgage lenders (Bank of America, Ally Bank, JP Morgan Chase, Citicorp, and Wells Fargo. What is it and can you benefit from it?

Warren Buffett published an interesting article in Fortune today that illuminates his thinking on the attractiveness of different investment classes. While I don't hang on Warren Buffett's every word, I thought some of his analysis pertinent for BestCashCow savers and investors.

Riverside Bank based in Poughkeepsie, NY is offering a 1.51% APY 24 month CD. That's one of the best CD rates for this term in New York state.

Fixed Rate Individual Retirement Accounts (also called CD IRAs) are certificates of deposit held within a traditional Individual Retirement Account (IRA) or a Roth IRA. As a result, any interest on the certificate of deposit accumulates according to the tax advantages of the IRA.

This week, I'm going to spotlight Liberty Bank & Trust, a 22 branch bank headquartered in New Orleans. Liberty is offering a 1.31% APY savings account with a $50 minimum balance.

Mortgage rates hit new lows this week according to the Freddie Mac Weekly Mortgage survey and President Obama proposes a new initiative to expand refinancing for those with underwater mortgages.

The FBI recently issued a warning about a new attempt by hackers to gain access to your bank information. Called Gameover, the phishing scheme involves spam emails - purpotedly from the National Automated Clearing House, the Federal Reserve, or the FDIC.

Illinois has some of the top money market account rates. The national average money market rate is 0.23%. Illinois has many rates far above this level. In fact, Illinois has several banks with money market rates above 1.50% APY.

Wymar Federal Credit Union is offering its members a 24-month CD that pays 2.27% APY.

Are you stuck in a home that's worth much less than what you owe? Or losing sleep over the falling value of your home? Informa Research Services has some great news and a bit of advice that could help you upend your current underwater situation and get you on track to paying down your house much quicker than you ever thought possible. And it all starts by using the tools at your disposal to shop around for the lowest mortgage rates available.

For many potential home buyers, qualifying for a traditional mortgage is out of the question. If you find yourself in that type of situation, here are a few alternatives to traditional mortgages which may be a great way to finally become a homeowner.

Low interest rates on bank products make it tempting to move money out. Here's why that might not be a good idea.

The Federal Reserve today released its Federal Open Market Committee statement today and the big takeaway for savers is to expect low rates through 2014. There are steps you can take to maximize your savings and make the best of a bad savings situation.

Owning a home has many advantages. But when it comes to tax benefits, there are many exaggerations and misconceptions surrounding home ownership. Below are three of the most common.