Going way long with CD ladder
Because the premium for locking your money into long-term CDs is so small, there’s not much advantage to do so, says Dr. Don.
read more…
30-year rates highest since November Rates on 30-year mortgages edged up to the highest level since early November as the economy continued to show surprising signs of strength.Commentread more...
Mortgage-backed securities take toll on Baltimore thrift (BizJournals) Bay-Vanguard Federal Savings Bank's parent company will take a $166,000 hit to the bottom line as the tough mortgage market has caused one of its investments to lose value.read more...
Indonesia Ratifies Maritime Lien And Mortgage Convention (Asia Pulse via Yahoo! Australia & NZ News) The government has ratified the International Convention of 1993 on Maritime Liens and Mortgage on Ships as a follow up of the government policy to empower the country shipping industry,
Getting a Mortgage with Bad Credit (Ridgecrest Daily Independent) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
Brokers challenge mortgage deals (BBC News) Mortgage brokers complain of not being allowed to offer some new mortgage deals to potential borrowers.read more...
4 Investment Banks Will Report Earnings "People get worn out by the crisis itself" On Wall Street, now more so than any time in recent memory, everyone is holding their breath and fearing the worst.Four