Mortgage rates hit another new low
from CNN Money Personal Finance
Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.
Articles in 'Banking and Investing' Category
Obama’s latest retirement rescue plan: Annuities
from CNN Money Personal Finance
The Obama administration proposed new rules Thursday to help retirees make their savings last throughout their lifetime — by investing in annuities.
Will $4 million in retirement savings be enough?
from CNN Money Personal Finance
I hope to have $4 million saved by the time I retire in 30 years. That sounds like a lot of money, but how much would that be in today’s dollars? — Brian
Will $4 million in retirement savings be enough?
from CNN Money Retirement
I hope to have $4 million saved by the time I retire in 30 years. That sounds like a lot of money, but how much would that be in today’s dollars? — Brian
When to Buy and When to DIY
from MintLife Personal Finance News & Advice
It seems like this is the year of do-it-yourself projects. Unfortunately, the DIY ethic doesn’t always pay off. Here are a few things to consider before you tackle a project on your own.
John Shinal’s Tech Investor: Easy Facebook money already made
from Moneywatch Personal Finance
Comparisons to Google are simply not valid, writes John Shinal, citing as a crucial difference the richly valued funding rounds and secondary-market trading to which Facebook shares have already been exposed.
Mortgages: Mortgage rates fall once more to record lows
from Moneywatch Personal Finance
Mortgage rates hit record lows this week, after growth in the economy fell short of expectations, Freddie Mac’s chief economist said on Thursday.
Personal Finance Daily: How to figure out 401(k) disclosures
from Moneywatch Personal Finance
Under a new regulation, sponsors of retirement plans will be required this year to disclose details about plan features, investment options and fees to participants, beneficiaries and even workers who are eligible to participate in a plan but don’t. Here’s how to figure it out. [...]
Andrea Coombes’ Ways and Means: New rules to bring annuities to 401(k)s, IRAs
from Moneywatch Personal Finance
The Obama administration on Thursday proposed new rules aimed at encouraging retirement savers to tap annuities and other products that allow them to turn their savings into a guaranteed monthly income for life.
Investing overseas: Find the right balance
from CNN Money Personal Finance
Whoever said that the world can be a scary place sure wasn’t kidding. Consider a few of the frighteningly noteworthy events of the past year: Europe’s economy slipped into a debt-induced coma; the euro went from being a potential global store of value to a currency on the brink of extinction; [...]