Why fees are up: President Obama just signed off on major reforms. Card issuers aren’t happy. They’re doing everything they can to make money off you before the regs kick in next year. What you’re getting socked with: Up to 3% extra for foreign goods you buy in dollars (such as a ticket on Air France). Balance-transfer fees are up too: Several issuers have raised them as high as 5%.
With the uncertainty of the market these days, a lot of investors are running for cover with their retirement funds. No wonder sales of fixed annuities surged 74% for the first three months of 2009, according to research association LIMRA.
Question: Where can I see how my net worth compares to that of other people my age? –Luke, Fort Worth, Texas
So far, so good.
Name: Robert Bertrand
Known for his early warnings on Bear Stearns and Lehman Brothers, analyst Martin Weiss of Weiss Research is now sounding the alarm about state of California municipal bonds.
The advice is to lock your mortgage rate on the dips, and yesterday, we had a dip.
Just because mortgage brokers don’t like it, doesn’t mean the HVCC is a good thing.
The Fed meets today, and rates could be volatile after it’s scheduled announcement at 2pm.
Why a legal settlement disturbs mortgage brokers, appraisers, Realtors, buyers and sellers.