In The Spotlight

Interest Rates Could Remain Low for a Long Time

All indications are that there would not be any serious interest rate hikes in the near future. The unemployment rate is still quite high and there is no hint of inflation rearing its head. These should be good enough reasons for the Fed to keep interest... 

700 Banks Still Can’t Give Out Loans

The GDP numbers may show that the economy is out of recession and the worst of the crisis is behind us, but most of the banks in the country are not out of trouble yet. According to the latest report on the health of the banking system from the Federal... 

AIG Sells Asian Life Insurance Moving Closer to Paying Off Debt

AIG is steadily getting closer to repaying the $132 billion debt that it took in 2008 from the government to avoid collapse. The latest step in the direction is AIG’s agreement to sell its international life insurance unit, American Life Insurance Co.... 

Federal Reserves Role in Banking

In the wake of the financial crisis, the Obama administration had promised sweeping reforms that would prevent a similar crisis in future. One of the key areas of concern was supervision of banks, and the role that the Federal Reserve should play in that.... 

How to Decide if You Should Refinance Your Home Loan

You are getting a refinanced loan at a lower interest rate – should you grab the deal? Well as it turns out, lower interest rate alone should not be the criteria to switch loans. You need to consider a few other things before making this decision.  [Read more...]

Preparing to Die and Retirement

More and more groups like International Living, an emailing promoting the merits of living and retiring abroad, are springing up each month to meet the needs of people who less and less see a retirement in Arizona or Florida as a possibility. This comes... 

bad credit loans disclaimer