Mortgage and Financial News From 2010-8-18 Page 01

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  • Early withdrawal penalties - Inside Fidelity

    Early withdrawal penalties can be stiff. One bank charges 365 days' simple interest for the early withdrawal of CDs with terms of 36 months or longer. Federal law stipulates that all CDs that are cashed out early are ...
    2010-08-15 06:53:00
  • IT Fuels Top Line Growth - Baseline

    A U.S.-based bank seeks a better way to predict customer behavior. An international bank looks to an IT solution to help manage its mergers and acquisitions. A credit-card company must reduce its exposure to risk, while ...
    2010-08-18 02:31:00
  • EIC looks at investing funds - Kerrville Daily Times

    The Kerrville Economic Improvement Corporation is searching for ways to invest its nearly $2 million in available funds. According to Mike Erwin, finance director for the city, the Federal Deposit Insurance Corporation ...
    2010-08-18 12:37:00
  • How Your Savings Account Is Ripping You Off - Yahoo Finance

    Savings accounts were created as a way of helping bank customers put money away for a particular purpose. These accounts used to be low-balance requirement, no-fee, high-interest bearing savings vehicles. It appears that ...
    2010-08-18 11:54:00
  • Three alternatives to a low-yielding IRA - Dallas Morning News

    R.B. I have $27,600 left in my IRA account. On my quarterly statement, it looks like I received 96 cents in interest. This is in a money market account. I just can't leave this money and receive only 96 cents in a ...
    2010-08-18 10:52:00
  • Montana Supreme Court OKs payday loan initiative - Missoulian

    HELENA - An initiative to cap interest rates charged on payday and title loans will remain on the November ballot, the Montana Supreme Court has ruled. A divided Supreme Court on Tuesday turned down a request from the ...
    2010-08-18 11:50:00
  • Iceland cuts rates by 1 percentage point - Montana Standard

    Iceland's central bank cut its key interest rate by a full percentage point to 7 percent on Wednesday after a strengthening in the krona and easing inflation. The announcement by Sedlabanki continues the bank's gradual ...
    2010-08-18 11:40:00
  • Buy Like Buffet: Better Interest Rates Maximize Savings - Savings.com (blog)

    Buy Like Buffet: Better Interest Rates Maximize SavingsSavings.com (blog)Sallie Mae is currently paying investor 1.55% on a 1 year CD. Discover Bank is offering investors a 1.50% interest rate and Ally Bank is paying 1.46%. ...and more »
    2010-08-17 03:42:25
  • Just think...Implications of a little black box - Chinook Observer

    Just think...Implications of a little black boxChinook Observer... so the financial sector figured out a way to continue lending money - the credit card - this time with no collateral but hefty interest rates, ...
    2010-08-17 05:15:48
  • Unemployment, Underemployment and Interest Rates - MoneyRates (blog)

    Unemployment, Underemployment and Interest RatesMoneyRates (blog)The employment picture must brighten for interest rates on money market accounts, savings accounts and CDs to turn around. Now best CD rates are as dismal ...and more »
    2010-08-17 07:27:24
  • Interests rates being kept artifically low - myCentralJersy.com

    Interests rates being kept artifically lowmyCentralJersy.comIt is unfathomable that the current monetary policy of this administration through the Federal Reserve is bent on keeping interest rates so low. ...and more »
    2010-08-17 11:07:43
  • Mixed bag for District 44 budget - MyWebTimes.com

    Mixed bag for District 44 budgetMyWebTimes.comCD rates have decreased from an average of 5 percent to .66 percent. Fiscal year 2010 investment interest revenue was $34669. Fiscal year 2011 investments ...
    2010-08-17 11:32:28
  • Putting Cash Back to Work: Robert Hapanowicz Offers Seven Tips To Start ... - 24-7PressRelease.com (press release)

    Putting Cash Back to Work: Robert Hapanowicz Offers Seven Tips To Start ...24-7PressRelease.com (press release)If interest rates rise, bond prices will go down because newly-issued bonds will pay higher rates than older ones. The longer a bond's maturity, ...
    2010-08-18 02:15:23
  • Silver and gold - Brazil Times (blog)

    Silver and goldBrazil Times (blog)Interest rates are generally below 1 percent. The stock market has been up and down but unable to stay above 10000 for the past 10 years. ...and more »
    2010-08-18 06:11:49
  • This Week's Best U.S. Bond: Expedia - Seeking Alpha (blog)

    This Week's Best U.S. Bond: ExpediaSeeking Alpha (blog)Federal Reserve Chairman Ben Bernanke has made public the Fed's pledge to keep interest rates at historic lows for the foreseeable future. ...and more »
    2010-08-18 06:21:03