Are you looking for a good CD to invest your money into? A certificate of deposit is a great option to consider as it provides you with a higher interest rate for your savings compared to investing your money into other accounts like traditional savings with interest rates of less than .25%. One bank that you might consider investing your money with is the International Bank of Chicago (IBC).Why IBC?Compare CD rates online and you will see that IBC offers one of the highest interest rates out … [Read more...]
Should I get a home equity line of credit?
An article by BudgetQueen You have owned your house for five years. Five years you haven’t missed a payment. You are one smart home owner! Your house also has increased in value quite a bit. You wonder if you can get a loan on this “equity” or the amount that your house is worth minus the amount you owe. The interest rate on this loan is really low right now and you are wondering if you could use it to pay off a few things like credit cards, or add an addition, or just to add a security net. … [Read more...]
When Is It Time To Buy A Home?
If you have been saving up money for a down payment on a home, 2012 may be the best time to buy! Interest rates for real estate are at an all-time low and many people are able to cash in on the tremendous savings. Debating if you should buy a home in the middle of the year or to wait toward the end is up to you but keep in mind that the low interest rates for mortgages will not last forever. There are some things that you need to consider when you are back and forth on your decision to buy a … [Read more...]
Earning More With A High Interest Rate Money Market
How much money is your high interest rate money market account providing you with? If you do not compare rates often, you could be losing out on a lot of earnings with your money market account. Using a money market account, you can greatly increase your savings just by adding money to the account each month. Many people use automatic deposits in order to help them grow their money market account. Local Bank Vs. Online Banks Many local banks will provide high interest rate money market … [Read more...]
