Banking Rates, CDs, Mortgages

US dollar remained under pressure on Wednesday against its major counterparts in reaction to the move of global central banks for reduction in their borrowing costs.

The single currency gained to 1.3446 against the US dollar on Wednesday as compared to 1.3329 on Tuesday’s late trading hours. The euro touched its intraday high of 1.3532 which also happens to be highest in last two weeks.

US Federal Reserve, ECB, the Bank of England, the Bank of Japan, Swiss National Bank and Bank of Canada decided to extend their credit swap lines to enhance the borrowing of other banks in lower cost. T

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I wrote a post about how to write a low ball offer on bank owned foreclosure properties in September 2010.  You can review that low ball REO post here.  I think that all of my original thoughts remain.  Surprisingly though, I get many questions about this process.  One example is that there are 74 comments on that post!  Lots of people are still confused by how much they can offer on a foreclosure.  Lets review.

Many of my customers and people that comment on the above post want to talk about tax assessed value, previous mortgage amount, how much work it needs, etc.   The

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Of late Business credit reporting has become a very important thing which is done to keep the credit market of any economy stable and prevent it from facing a major collapse. Since our financial is a quite many number of times of our real market, it should be properly monitored and regulated to prevent us from huge set –backs and losses. Before the banks decide on providing loans to any particular company the credit worthiness of that company must be taken into account and this where business credit reporting comes into play.

It is basically the maintaining and reporting of all the credit histories and risks the company or business had indulged within the past. Read more…

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A couple of week ago Royal Bank of Canada (RBC) launched two new credit cards; the new credit cards launched are two cash back MasterCards.

Last week I covered what the RBC Cash Back MasterCard had to offer, and today I am going through the RBC Business Cash Back MasterCard.

To start things off, I have prepared a table outlining the basic information that the RBC Business Cash Back MasterCard has to offer:

RBC Business Cash Back MasterCard

Cash Back Rate- Earn 2% Cash Back on all purchases for the first 3 months (account needs to be opened before Oct. Read more…

The next environmental catastrophe could be good for this bond.

At Durig Capital, we have developed a process to screen, review, select, purchase and monitor high yielding corporate bonds.  Each week we screen thousands of corporate bond listings to find what we believe to currently be the best corporate bond for investors needing or seeking higher yields with the least amount of risk as possible relative to its projected return.

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Are you back and forth on opening a money market account? There are a lot of people that are searching for higher interest rates on their savings accounts but they just do not know where to turn. A money market account is a great option to consider exploring as you can easily earn a higher interest rate from a traditional savings account offered by your local bank.

So what is the official definition for a money market account?

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If you have planned a conference in the past, then you already know how time consuming it can be to simply manage the meeting rooms. Figuring out which speaker will be in which room and how many attendees it can hold can create a huge headache. Here are some tips to help make it a little simpler.

Start with Software

You are fortunate that you live in the modern era, because you have the benefit of using meeting room software to help you with this task. These programs will map out your rooms, how many people they can hold and the other important details of your conference.

With this type of program, you can make instant changes when the need arises.

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Albany Federal Employees’ Credit Union invites its members to take advantage of their money market account which has an attractive interest rate. The credit union has the following current money market rates:

• $2,500 to $24,999        0.80% APY
• $25,000 to $49,999      1.00% APY
• $50,000 and above       1.11% APY

This money market deal requires an initial deposit of at least $2,500 to open an account. You also ne

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