from MintLife Personal Finance News & Advice
Countless action and mystery movies depict Swiss bank accounts as places for villains to hide ill-gotten fortunes. But today, offshore banking is much more than a haven for underhanded financial shell games. Increasingly, legitimate businesses and individuals are finding it more advantageous than ever to utilize offshore banks [...]
from CNN Money Taxes
The government does without roughly a trillion dollars a year because of a slew of tax breaks — everything from the mortgage-interest deduction, to education and child credits, to low rates on investments.
from Moneywatch Personal Finance
CHICAGO (MarketWatch) — Average rates on 30-year fixed-rate mortgages fell back below 5% this week, returning to match levels seen two weeks ago, Freddie Mac’s chief economist said on Thursday.
from CNN Money Personal Finance
Students can now pay their college loans and save with Sallie Mae.
from Moneywatch Personal Finance
As Spaniards cast their eyes upwards, wondering just when the record-breaking wet winter is going to ease up, so must the country’s biggest banks be wondering when financial markets are going to stop raining down on their share prices.
from Moneywatch Personal Finance
CHICAGO (MarketWatch) — For the first time in three weeks, rates on 30-year fixed-rate mortgages rose to above 5%, according to Freddie Mac’s weekly survey of conforming mortgage rates.
from CNN Money Personal Finance
Don’t look now, but your big bank wants you back.
from MintLife Personal Finance News & Advice
Regardless of one’s opinion on Ben Bernanke, there is no denying the extraordinary impact he has had on the Federal Reserve since taking over as Chairman in 2006. A case can be made that the very nature and scope of the Fed has changed under Bernanke’s stewardship. Originally [...]
from CNN Money Personal Finance
Sweeping credit card reforms took effect Monday, eliminating a host of nasty industry practices. For example, your card issuer can no longer arbitrarily increase the interest rate on an existing balance. Nor can it apply payments to balances at lower rates first.. [...]
from Moneywatch Personal Finance
For the first time in three years, credit-card issuers are ramping up their mailbox solicitations, but don’t expect to see your father’s credit-card appeals. Variable interest rates, higher annual fees and a host of new charges will be hidden in the fine print of these offers. [...]