Important Tips To Follow To Improve Your Personal Finances

Taking care of your personal finance can be made more simple by budgeting your income and deciding what purchases to make before making a trip to the store. Managing your money doesn’t have to be very difficult. Get to grips with your personal finance by following through on the tips in this article. A great [...]

All CD Rates Dropped Over Last Month, Look For An Upward Move Next

Ally Bank Rates- Effective 8/5/2011 High Yield CD Duration APY 3 Month 0.44% 6 Month 0.99% 9 Month 0.99% 12 Month 1.19% 18 Month 1.25% 2 Year 1.39% 3 Year 1.74% 4 Year 1.90% 5 Year 2.30% 11 Month No Penalty CD 1.13% Online Savings Account 1.04% Money Market Account 1.04% Over the past month, [...]

US Short Term CD Rates Slip Lower

New Ally Bank Rates- Effective 7/8/2011 High Yield CD Duration APY 3 Month 0.44% 6 Month 0.94% 9 Month 0.99% 12 Month 1.20% 18 Month 1.25% 2 Year 1.44% 3 Year 1.74% 4 Year 1.99% 5 Year 2.33% 11 Month No Penalty CD 1.13% Online Savings Account 1.09% Money Market Account 1.09% Short term CD [...]

On July5, The FDIC Set The Weekly National Rates and Rate Caps

Just over 26 months ago, on May 29, 2009, the FDIC Board approved a rule for revisions to interest rate restrictions applicable to what they defined as “less than well capitalized institutions” under Part 337.6 of the FDIC Rules and Regulations. That rule, known as the “final rule” redefined the “national rate” as a simple [...]

Q1 Credit Card Delinquency Rate Falls Again

TransUnion’s quarterly analysis of trends in the credit card industry shows that the national credit card delinquency rate decreased to 0.74 percent in the first quarter of 2011. Delinquency rate is the ratio of bankcard borrowers 90 days or more delinquent on one or more of their bank-issued credit cards. This delinquency rate is down [...]

Mortgage Delinquency Rate Drops For Five Quarters

Good news in the mortage sector! For the fifth consecutive quarter, the national mortgage delinquency rate has dropped. There were rises in come states, but overall, the trend was lower. In its Q1 2011 overview of U.S. consumer credit status, Transunion says the rate of borrowers who are 60 days or more past due, dropped [...]

Short Term Interest Rates Rising

Short-term interest rates are rising, just as medium to longer term rates are falling. This is definitely not good for retirees, who park their savings in short to medium term CDs. Even though the short term rates are going up, inflation is running at 3% and the short-term rates are still less than half that. [...]

Ally Bank Trims 3 Year CD Rate

Ally Bank has trimmed another three points off its 3 year High Yield CD rate, effective, 6/2/2011. The 3 year rate now stands at1.75% APY. That number has been slowly falling over the past two months. In April, it was 1.80% and just last week, at the end of May, Ally trimmed it by two [...]

Best US CD Rates Comparison Table

Here’s a list of the best US CD rates right now for online as well as brick-and-mortar banks. You can use this list to compare the highest CD interest rates from every source possible. It pays to do comparison shopping to get the highest interest rate for your savings, especially since CD rates are so low: TERM RATE [...]

The Search for the Perfect Savings Account

So I’m looking for a personal savings account and want to get 1% or more for my money. What are my national options? With interest rates so low, there is a short list of options for your savings dollar. Our banking editors and rate reporters have put their heads together and come up with this [...]

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