The 5-year best CD rates from California banks appears to be Ally Bank at the moment. Its high yield 5-year Certificate of Deposit is paying 2.90%, compounded daily for a 2.94% APY. IronStone Bank of San Diego has a 5 year high yield CD paying 2.96% compounded daily, for a 3.00% APY. The minimum deposit […]
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California Banks Present Their Highest CD Rates for 5-year Money
Thursday, July 8th, 2010 | Comments Off on California Banks Present Their Highest CD Rates for 5-year Money
Is Your California Bank Likely to Fail? Check the List!
Wednesday, July 7th, 2010 | Comments Off on Is Your California Bank Likely to Fail? Check the List!
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 […]
Read More...Wells Fargo Reduces Its Student Loan Rates
Monday, July 5th, 2010 | Comments Off on Wells Fargo Reduces Its Student Loan Rates
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 […]
Read More...JPMorgan Chase WOWS Small Businesses With a Helpful Interest Rate Break!
Saturday, July 3rd, 2010 | Comments Off on JPMorgan Chase WOWS Small Businesses With a Helpful Interest Rate Break!
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 […]
Read More...California Defaulters Hit Hard by Fannie Mae's New Rules
Wednesday, June 2nd, 2010 | Comments Off on California Defaulters Hit Hard by Fannie Mae's New Rules
Fannie Mae last week announced that it would deny government backed mortgages to homeoweers for seven years if they could afford their home but who walked away from mortgage payments because the home dropped in value. If you are a California home buyer who had the ability to pay your mortgage and didn't try to […]
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