Illinois fines payday lender $ 90,000 for violating state laws, charging interest of more than 357%

Oregon fines online payday lender $90,000 for violating state laws, charging interest of more than 357%
The Department of Consumer and Business Services orders Global Payday Loan to stop operating in Oregon.

Read more on The Oregonian

Retailers? credit cards offer incentives but can also pack high interest rates

Retailers’ credit cards offer incentives but can also pack high interest rates
Retailer rewards cards are getting a whole lot more rewarding lately, with some offering 5 percent cash back on your purchases along with other goodies.

Read more on Everett Herald

ECB expected to increase interest rates

ECB expected to increase interest rates
MORE than four out of five homeowners will be exposed to the prospect of rising mortgage costs today as interest rates are expected to rise.

Read more on Irish Examiner

Interest rates kept on hold

Interest rates kept on hold
In welcome news for borrowers, the Reserve Bank has decided to keep rates on hold at 4.75 per cent.

Read more on Bayside Bulletin

Equity Research on CIT Group Inc. and Capstead Mortgage Corp.. – Mortgage Investment Industry Helped by Interest Rates

Equity Research on CIT Group Inc. and Capstead Mortgage Corp. – Mortgage Investment Industry Helped by Interest Rates
NEW YORK, NY–(Marketwire – Jun 28, 2011) – www.shinesrooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Mortgage Investment industry and are offering free analytical research on CIT Group Inc. ( NYSE : CIT ) and Capstead Mortgage Corp . ( NYSE …

Read more on Marketwire

5 low-risk ways to earn higher interest

5 low-risk ways to earn higher interest
If you’re a rate-chaser but loathe the risk, try one of these options for higher returns.

Read more on Bankrate.com via Yahoo! Finance

Interest Rate Roundup for June 23, 2011

Interest Rate Roundup for June 23, 2011
In a week when a report showed home sales taking a serious decline, and the Federal Reserve acknowledging the housing sector remains highly troubled, mortgage rates fell nearly across the board.

Read more on Bankrate.com

Federal Reserve policy-making group has power over economy through control of interest rates

Federal Reserve policymaking group has power over economy through control of interest rates
The Federal Reserve’s chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy.

Read more on Minneapolis-St. Paul Star Tribune

Interest rates held despite lingering risks

Interest rates held despite lingering risks
The Swiss National Bank (SNB) has again opted to keep interest rates at historic lows despite economic uncertainties and the franc gaining in strength.

Read more on Swissinfo

Interest Rate Roundup for June 16, 2011

Interest Rate Roundup for June 16, 2011
Here’s a look at the state of mortgage rates from Bankrate.com’s weekly national survey of large banks and thrifts conducted June 15, 2011. With interest rates on Treasury bonds rising slightly in the last week, mortgages followed suit and saw their first increase in more than two months.

Read more on Bankrate.com

Powered by Yahoo! Answers