In recent times, the status of our economy has really been questioned. From the weakening of the American dollar to an increasing amount of debt, the countries current financial crisis has continued to dwell and even breed. Now, in recent weeks, concerns are being rose up about the status of our banks. From local institutions [...]

Hard times are on the way as evidenced by the collapse of IndyMac. In what will probably turn out to be the most expensive bank failure ever, troubled mortgage lender IndyMac Bank was taken over by federal regulators on Friday, July 11, 2008. All operations of the Pasadena, Calif.-based bank, once one of America’s largest [...]

Access to information and entertainment, credit and financial services, and products from every corner of the world is greater than earlier generations could ever have imagined. Thanks to the Internet, consumers may order products, download games and music, or conduct online banking 24 hours a day. However, the flip side is that the Internet also [...]

After rising drastically last week fixed mortgage interest rates moved up slightly this week. 30 Year notes moved from 6.42 to 6.45 and 15 Year notes moved from 6.02 to 6.04. ARMS on the other hand rose a decent amount. 5 Year Arms rose from 5.89 to 5.99 while 1 Year Arms rose from 5.19 [...]

Hurricane Katrina’s showed us very clearly that we are very susceptible to any major halt or reduction in oil production. With prices souring since the Katrina tragedy the term “cheap gas” is as extinct as the dinosaurs. The Hurricane Katrina cutoff came from a natural disaster, of course, but the larger threat is a political. [...]

Are you just wasting your savings in a traditional savings account? Many Americans out of habit settle for very low interest savings rates. But, you don’t have to. There are many great options today for high interest rate savings. What are high interest rate savings? These are payments made by the bank to you for [...]

Seychelles offshore banking is best explained by the seeing the list of information that is required by a Seychelles bank to open an account for your offshore company. A Typical Bank Account Application Form Will Require The Following Details: 01 Type of Account: Corporate / Personal 02 Type of Business: Limited Companies, Companies, Clubs, Associations [...]

Whenever analyzing a part of the financial industry of Hong Kong as an international financial centre, often (and knowingly) use the technical term – financial intermediation. This technical term refers to the process of routing savings into investments, a process that is extremely important for fuelling economic growth and development. Financial consultants utilize the term [...]

Seychelles Banking: One of The Best In The World To Transact With. The Republic of Seychelles comprises of 155 islands spread randomly in the lap of the calm Indian Ocean. Seychelles have population of about 81,000. English, French and Seychellois Creole are the three official languages of the country. The capital of Seychelles is Victoria. [...]

Finding the best savings account is one of the first steps you should take when first organizing your finances. They are important because you need a place to put your short term savings and you need a highly liquid emergency fund. Too often people put their short term savings in their checking account and don’t [...]