Obtaining a development loan can be a complex and time-consuming process, but it is an important step for anyone looking to finance a real estate development project. By following these tips, you can increase your chances of successfully securing a development loan: By following these tips, you can increase your chances of successfully securing a…
How can you reduce your total loan cost
Reducing the total cost of a loan is a crucial consideration for anyone looking to borrow money, whether for a personal or business purpose. By taking the time to carefully evaluate your options and make smart decisions, you can significantly lower the overall cost of your loan and save a significant amount of money in…
Will Biden extend student loan forgiveness?
As the COVID-19 pandemic continues to impact the lives of millions of people around the world, many are facing financial struggles and uncertainty. One group that has been particularly hard hit is students, who have had to deal with the challenges of remote learning and the disruption of their educational and professional plans. In response…
SPIA – Single Premium Immediate Annuity
Most annuities come with unnecessary charges and high expenses, but there is one annuity that can serve you in planning for your retirement: the single premium immediate annuity (SPIA). What is a SPIA? A SPIA is a contract with an insurance company in which you give an upfront sum of money, and in return the…
Bromoney Interest Rate iPhone App
I’m happy to introduce you to the new Bromoney Interest Rate App. You can now check interest rates on savings accounts and CDs right from your iPhone. You can download it from the App store here. The next time you open a CD or savings account consult the latest rates with the Bromoney Interest Rate…
Bank of the Eastern Shore Closed by FDIC
The FDIC shut down the Bank of the Eastern Shore in Maryland on Friday bringing the total bank failures to 22 this year. That’s down from 39 bank failures at the same point last year. Four other banks were closed on the same day including: Harvest Bank of Maryland, Plantation Federal Bank in South Carolina…
Texas Security Bank CD Special
Texas Secuity Bank is offering a special deal on 6 month CDs. They’ve got a 6 month rate of 1.25%: http://www.texassecuritybank.com/ It looks like they’re offering some other pretty decent rates. Leave comments here if you’ve banked with them before.
Camouflage Painting Man
Just saw this story about the Chinese artist Liu Bolin. Apparently he covers himself in body paint so he blends in with the background of his setup shots and then takes pictures of himself in his element. Do you think you can spot him? Take a look at this one: Here’s a link to some…
Dime Savings Bank 3.10% 7 Year CD
Dime Savings Bank is currently offering a 3.10% APY 7 year CD and a 2.5% 5 year CD with a minimum deposit of $500. The thing about Dime Savings is that if you withdraw early on their long term accounts you lose 2 years’ interest on your CD, if they even let you remove your…
Melrose Credit Union 2.93% 5 Year CD
Melrose Credit Union is currently offering a 2.93% 5 year CD which is currently second best to Connexus Credit Union’s 3% 5 year rate, although Connexus requires you to open a checking account with them to get their CDs. Melrose is also offering a 2.42% APY 4 year CD and a 1.41% 1 year CD….