Judging by the average credit card interest rates published by Bankrate.com, one could rather easily come under the impression that credit card interest rates have been relatively stable throughout the past two years. The startling truth is that, on a relative basis, they have skyrocketed. This is not due to any fault in Bankrate’s average. [...]
Tags: Card Interest, Card Interest Rates, Interest Rates, Rates
Posted January 30, 2010 by Admin under Financial News
Will Fed stop buying mortgages and mortgage backed securities, comes this April? I do not think so, unless of course, the Fed wants interest rates to rise, home values to fall and economy to suffer even more. And what it all has to do with swine flu pandemic? Just read on. With all the talk [...]
Tags: Home Values, Interest Rates, Stop Buying Mortgages, Values
Posted January 13, 2010 by Admin under Financial News
It has now been over a week since Citibank raised interest rates on many of its most loyal customers and it seems as if no one in the media cares. This continues to shock me, as the number of visitors contacting me has not dwindled. And my concern that tens of thousands of customers have [...]
Tags: Interest Rates, Rates
Posted October 26, 2009 by Admin under Financial News