Current Interest Rates

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Changes to Savings Account Withdrawal Limits and Fees

April 27th, 2020|

A new rule permits banks to allow customers more than six withdrawals per month from savings accounts and waive excessive transaction fees. Previously, one of the main distinctions between checking and savings accounts was the inability [...]

Mortgage Rates Tick Up

April 23rd, 2020|

Mortgage rates ticked up a little this week, but remain near historic lows. There continues to be a lack of supply in jumbo mortgages with many lenders deciding to stop lending on larger mortgage loans, [...]

Check On Status Of Economic Impact Payments

April 16th, 2020|

The IRS started to distribute stimulus payments this week via direct deposit. If you haven't received yours and are looking for your Economic Impact Payment, check the "Get My Payment" page at the IRS website. Get [...]

Mortgage Rates Remain Near Historic Lows

April 16th, 2020|

Mortgage rates remain near historic lows with 30 Year Fixed Rate Mortgages similar to previous historic lows in 2012. There continues to be a lack of supply in jumbo mortgages with many lenders deciding to [...]

Mortgage Rates Level Near Historic Lows

April 9th, 2020|

Mortgage rates are leveling near historic lows with 30 Year Fixed Rate Mortgages similar to previous historic lows in 2012. There continues to be a lack of supply in jumbo mortgages with many lenders deciding [...]

TurboTax To Help Register Americans For Stimulus Checks

April 6th, 2020|

TurboTax launched a free website to help those Americans who are not required to file tax returns be able to more easily register with the IRS to get a stimulus payment. Go to https://turbotax.intuit.com/stimulus-check/. Look under [...]

Mortgage Rates Continue Downward Move

April 2nd, 2020|

Mortgage rates are down again this past week. The Federal Reserve has continued is unprecedented massive purchase of mortgage backed securities to press rates lower in the face of widespread dislocation in the mortgage secondary [...]

Rent Is Due, What To Do

April 1st, 2020|

Rent is due today for millions of people affected by the coronavirus pandemic who unexpectedly find themselves out of both work and money after being laid off in March. Just weeks ago food and shelter may [...]

Mortgage Rates Heading Back Down

March 26th, 2020|

Mortgage rates are heading back down after the recent bump up. Rates on long bonds have stabilized somewhat after the turmoil in credit markets the past couple of weeks. Freddie Mac's Weekly Survey was released [...]

Bank of America Offering Payment & Fee Assistance

March 23rd, 2020|

Bank of America is offering payment and fee assistance to its customers on a case-by-case basis. Consumer and small business customers can request payment deferrals on lending products like: small business loans, credit cards, auto loans, [...]