As the bond market reversed its trend recently and sent interest rates lower, it raised the possibility that mortgage rates could follow suit. Read More >>
Confessed investment scam artist Bernard Madoff has been sentenced to 150 years in Federal prison. Madoff's Ponzi scheme--taking new money from investors to pay returns to existing investors--ruined the financial lives of thousands of people with losses approaching $50 billion. The sentence was given with no possibility of parole. Madoff is 71 years old. Read More >>
Treasury interest rates have risen, largely on concerns about an eventual return of inflation, but CD rates have barely moved, meaning you must shop around for the highest CD rates Read More >>