Articles

This is a webpage for several new BestCashCow commercials we are rolling out over the next couple of months.

Even if a bank is not considering implementing debit card fees, there is a fair chance the account may have some changes in the coming months. Before you transfer your hard-earned cash to a new bank account, you should check to see what changes may be on the bank's horizon.

Even though Bank of America canceled the planned $5 monthly debit fee charge, the public outcry continues and many are pushing a movement called "Bank Transfer Day." However, is switching your bank really the right move for you?

We scanned our database for the best CD Rates in Massachusetts and came up with the following best rates from FDIC insured banks located in the Commonwealth. We searched for 5 year CD terms. You can view rates for other terms on our CD rates page.

The WSJ is reporting today that Bank of America has pulled the plug on its planned $5 monthly debit card fee. It's no real surprise considering the negative press and the online uproar.

With average five year CD rates down to 1.60% APY according to BestCashCow's database, we went searching for yields that smashed the average. What we found was the highest bank rate in the land. First Choice Bank, headquartered in New Jersey is offering a 60-month CD paying 2.80% APY with a $1,000 minimum balance.

Foreclosed homes in your neighborhood can have a negative impact on you and the overall area. But you can minimize that impact by making foreclosed homes appear occupied.

It is no secret that the mortgage crisis has had a huge negative impact on the nation and its economy. But is implementing programs the solution or will it simply fix itself over time?

The NY Times had an interesting article over the weekend discussing how banks are flooded with cash, helping drive down deposit rates on savings and CDs. While I agree with the general thrust of the article, I would add a few caveats.

Massachusetts offers some competitive local savings account rates if you know where to look.

President Obama's new mortgage plan could be a great success for homeowners across the nation, but will it benefit you?

The First National Bank of St. Ignace is paying 1.51% APY on a 12 month Flex-CD for balances over $10,000. Funds over $10,000 can be withdrawn at anytime after seven days, making this a CD with a great rate and flexibility.

Reverse mortgage have helped relieve thousands of homeowners of their financial difficulties. But is a reverse mortgage best for you?

Financial problems are just the tip of the proverbial iceberg when discussing the negative impacts of foreclosures on a community.