In 2020, housing market interest rates hit and remained at historic lows. Government-backed home loans and refinance loans plunged into the low two percent range with a 52-week average for these mortgages and refinance loans at roughly 2.25%. I wrote about these conditions all through 2020, and the number of people including those in my own family who refinanced their home loans last year or in early 2021 was probably higher than any time in … [Read more...]
Some Useful Saving Info
I just had a CD mature, so I've been scoping out rates at banks I know and trust. I put together a table and as I was looking at it, I thought, "Hey, the blog readers might like this as well." So here you go. ING Direct HSBC Direct FNBO Direct 6 month 1.25% 1.75% 1.25% 9 month 1.50% 2.05% 1.25% 12 month 1.50% 2.30% 1.50% 18 month 1.50% 2.35% 1.75% 24 month 1.50% 2.05% 2.25% There are … [Read more...]