California Home Prices Skyrocket While National Loan Refinancings Heat Up

Archive for July, 2010

California Home Prices Skyrocket While National Loan Refinancings Heat Up

Thursday, July 8th, 2010 | Comments Off

With the lowest mortgage rates in decades making the news, the Mortgage Bankers Association reported that applicants for home loans rose last week by nearly 7% from a week earlier. Home loan refinancing applications rose 9.2% to see their highest levels since May 2009, doubtless due to the lowest 30-year fixed rate seen since Freddie […]

Prepaid Debit Cards Offer Substantial Advantages Over Checking Accounts

Thursday, July 8th, 2010 | Comments Off

Are checking accounts going to disappear? Not for the time being, but banks are so desirous to eliminate them that they are creating new financial vehicles all the time. The company AccountNow offers a new financial innovation that effectively eliminates the need to open a checking account. The solution is called a “prepaid debit card.” […]

Is Your California Bank Likely to Fail? Check the List!

Wednesday, July 7th, 2010 | Comments Off

Banks are in trouble. As you know, the FDIC identifies banks in danger of failing, and has over 700 banks on its problem list. So far this year, over 80 banks have failed. People usually don’t worry about their bank deposits because of the FDIC guarantees on savings accounts up to $250,000, but they still […]

Wells Fargo Reduces Its Student Loan Rates

Monday, July 5th, 2010 | Comments Off

Wells Fargo Bank, headquarted in San Francisco, has just reduced the rate it charges on student loans. Wells Fargo has two student loan programs – “Wells Fargo Student Loan for Parents” and “Wells Fargo Collegiate” – that provide student loans at variable interest rates. The interest rates have just been reduced to 3.5% for students […]

Best Auto Loan Rates from California Banks

Sunday, July 4th, 2010 | Comments Off

Assuming that you are taking out a 48 month auto loan for a new or used vehicle, here are the best auto loan rates in the top California cities. Chase Bank is typically offering the best deals, so you might want to contact them first. Los Angeles Chase Bank 4.81% rate for a new car […]

The 3 Best California Interest Checking Accounts

Sunday, July 4th, 2010 | Comments Off

After scanning the results for the largest cities of California (Los Angeles, San Diego, San Jose, San Francisco, Fresno, Long Beach, Sacramento, Oakland, Santa Ana, Bakersfield), our consumer reporters have found that three banks consistently offer the best deals for interest bearing checking accounts. If you want the best bank interest rates for checking account […]

May California Real Estate Sales In

Saturday, July 3rd, 2010 | Comments Off

New and resale California houses and condo sales numbers were estimated at approximately 41,000 units for the month of May, which was an increase of around 5% from April. The typical sales number varies between 30,000 and 70,000 for the month. Just over one-third of these properties were foreclosures! While the median price of a […]

JPMorgan Chase WOWS Small Businesses With a Helpful Interest Rate Break!

Saturday, July 3rd, 2010 | Comments Off

Most people know that most new jobs in the economy are created by small businesses, but no one seems to be hiring right now. In a move to help small businesses rehire and help jump start the economy, JPMorgan Chase announced that for small businesses that qualify, the bank will knock down the interest rate […]

California Credit Card Changes

Saturday, July 3rd, 2010 | Comments Off

The Federal Reserve Board new credit card reporting changes kick in today, changes approved all the way back in 2008. Your billing statements that you receive the mail must now contain new information presented in neatly summarized tables so that you can determine the real cost of your credit card purchases. This is a real […]

5 Ways to Save Money on Gasoline

Saturday, July 3rd, 2010 | Comments Off

Back when gas was near $5 per gallon, there were all sorts of devices on sale for how to increase your gas mileage. The following list contains tried and true ways to get more gas mileage out of your dollar, and thus save on gas. In today's recession environment, every penny helps! 1. Keep driving […]

Archive for July, 2010