Articles in 'Interest Rates' Category

Bank or Credit Union? You Decide

from MintLife Personal Finance News & Advice
 
Labeled as profit mongers who invent outrageous fees and give mediocre customer service, banks have not made a good impression on consumers. As a result, many of us end up looking for alternatives. One option: a credit union.
 

Foreclosures impact kids, communities

from Moneywatch Personal Finance
 
Children could be prevented from realizing their potential in school and, eventually, the labor force as consequences from the problem of home foreclosures last for years, a pair of Federal bank officials say in a conference on neighborhood stabilization.
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David Callaway: Mrs. Watanabe corners global currency market

from Moneywatch Personal Finance
 
In Japan, where stocks have been out of favor for 20 years and the yen is sacrosanct, lives Mrs. Watanabe. She’s a mythical housewife representing thousands of small Japanese investors, and Dave Callaway argues that global central banks ought to keep a closer eye on her.
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Debt Free Before Pediatric Cancer

from Dave Ramsey News
 
Dear Dave,
God works in funny ways sometimes. We sometimes do things thinking they are for one reason (like getting out of debt) only to find out they are really for another reason (to take care of a child).
We started your program back in September of 2007. We were over 100K in debt, [...]

The New Generation of Bank Fees And How to Avoid Them

from MintLife Personal Finance News & Advice
 
recent financial sector reforms have largely outlawed these practices. And while consumers are no doubt jumping for joy, the banks are not quietly accepting the loss of billions of dollars in annual profit. Instead, they have already rolled out a series of new (and perfectly legal) fees, ranging from [...]

For The Unbanked, a Second Chance

from MintLife Personal Finance News & Advice
 
Surely you’ve heard that there are a lot of people in the US who don’t have a bank account. The “unbanked,” as they’re called, feature in all sorts of political arguments—about predatory lending, about personal responsibility, about the state of America’s finances. [...]
 

Are Americans de-banking?

from CNN Money Top Tips
 
The financial crisis that destroyed some of the world’s biggest banks and sent others to the brink of failure have changed Americans’ idea of lending and borrowing. While most still seem to have no problems storing their money at banks small and large, a few trends indicate that everyone from consumers [...]

Are Americans de-banking?

from CNN Money Personal Finance
 
The financial crisis that destroyed some of the world’s biggest banks and sent others to the brink of failure have changed Americans’ idea of lending and borrowing. While most still seem to have no problems storing their money at banks small and large, a few trends indicate that everyone from consumers [...]

Personal Finance Daily: Remember when a 5% mortgage was a great deal?

from Moneywatch Personal Finance
 
Foreclosures fell in the second quarter — for the first time since 2006 and the largest drop since 2005 — but the same Mortgage Bankers Association report found that the portion of homeowners falling slightly behind on their payments increased, and that may mean higher foreclosures down the road. [...]
 

Foreclosure inventory down, new delinquencies up

from Moneywatch Personal Finance
 
CHICAGO (MarketWatch) — The percentage of homes somewhere in the foreclosure process fell in the second quarter, the first drop since 2006 and the largest quarter-to-quarter drop since 2005, the Mortgage Bankers Association reported on Thursday. Still, the group’s quarterly delinquency report showed that short-term delinquencies are increasing, which could signal another [...]