Hudson City Savings Bank CD Rates: 3 Month CD Rate 0.75%

Posted on : 14-07-2011 | By : Matthew Strangways | In : Home Loan Vocabulary

Tags: Cd Rate, Cd Rates, City Savings Bank, Rate

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Hudson City Savings Bank, a small Northeast bank, is offering some of the highest CD rates available right now. Hudson City Savings Bank’s short term certificates of deposit are the best bang for your buck. Current 3 month bank CD rates are at 0.75% with a CD yield of .075%. That rate is three times the national average 3 month CD rate of 0.24% as reported by MonitorBankRates.com. That rate is probably also one of the best 3 month CD rates at banks available these days. (continued below) Your browser does not support IFrames, check out monitorbankrates.com/cdrates for current cd rates. We first reported on Hudson City Savings Bank’s CD rates back in 2008, you can eat your heart out looking at CD rates from back then. O Read full post…

Staying Ahead the Inflation Rate on Your Investments

Posted on : 02-07-2011 | By : Matthew Strangways | In : Home Loan Vocabulary

Tags: Rate, Rate Investments

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Certificates of deposit (CDs) are a safe and secure investment for many investors. Unfortunately the return investors get in CDs has been dismal for many years. Last month Market Rates Insight (MRI) released a report showing the average 5-year CD rate was lower than the rate of inflation. This means if you invest in long term CDs you’re not even staying ahead the inflation rate. We all learned in economics 101 your investments have to stay ahead the inflation rate.  (continued below) Your browser does not support IFrames, check out monitorbankrates.com/cdrates for current cd rates. You might want to start considering other types of investments that won’t be eaten away by the inflation rate. Treas Read full post…

ALLYN S. MEDEIROS: What to know before losing sleep over adjustable rate mortgages

Posted on : 30-06-2011 | By : Ebony Macleod | In : Real Estate Category

Tags: Adjustable Rate, Losing Sleep, Rate

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Tick, tick, tick, boooom! Hundreds of thousands of mortgage borrowers are losing sleep at night due to an adjustable rate mortgage they know is going to adjust within the next six months to a year. An overwhelming fear and sense of urgency is tied to the fact that many of these adjustable rate mortgages have one thing in common: lack of equity.

Most servicers of adjustable rate mortgages are well aware that the mortgage maturity of the adjustable rate is coming due.

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Rate Drop Advantage from Quicken Loans

Posted on : 21-06-2011 | By : Matthew Strangways | In : Home Loan Vocabulary

Tags: Rate, Rate Drop

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With today’s historically low mortgage rates, many homeowners are refinancing their mortgages to save on monthly payments or pay off their homes faster. However, even though average home loan rates are near record lows, not every lender offers competitive interest rates. That’s why when you are looking for a lender to refinance your mortgage, choosing Quicken Loans will ensure you are guided to the best possible decision to save you money today and tomorrow.

The Rate Drop Advantage

Quicken Loans wants to help you get the most affordable home loan possible now and still be able to take advantage of any rate drops in the future, which is why they offer the Rate Drop Advantage. If

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ALLYN S. MEDEIROS: What to know before losing sleep over adjustable rate mortgages

Posted on : 24-03-2011 | By : Ebony Macleod | In : Real Estate Category

Tags: Adjustable Rate, Losing Sleep, Rate

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Allyn S. Medeiros

Tick, tick, tick, boooom! Hundreds of thousands of mortgage borrowers are losing sleep at night due to an adjustable rate mortgage they know is going to adjust within the next six months to a year. An overwhelming fear and sense of urgency is tied to the fact that many of these adjustable rate mortgages have one thing in common: lack of equity.

Most servicers of adjustable rate mortgages are well aware that the mortgage maturity of the adjustable rate is coming due.

Read full post…