Markets get Crushed, Big Banks Follow Suit

Wall Street’s taking another beating today, with the the Dow looking to close down around 4.20 percent.

The roller coaster highs and lows we’ve been seeing appear to be here to stay, and whenever the markets get crushed the major publicly traded banks at least follow suit with equal losses – and in some cases much more.

Current Status of Publicly Trade Banks:

1) Citigroup Inc: (NYSE: C) – Down roughly 7.50%.

With a market Read more…

No more Rewards for Wells Fargo Debit Card Customers

Wells Fargo, a bank rarely known for rewards in the first place, has now put an end to their reward structure for existing debit card holders. This comes only months after ending the same program for new debit card holders earlier in 2011.

Debit card rewards work similarly to credit card rewards in that you earn points when you spend with the card. You can then exchange your points for cash, gift Read more…

Lowest Fixed Rate Mortgages in California – Best APR’s

Since we were forwarded a couple of fixed rate mortgage deals out of California that deserve mentioning this weekend, we figured we’d devote a post to highlighting the most attractive APR’s in CA. These fixed rate mortgages are available in certain parts of California BUT may also be available in neighboring states. You’ll have to contact the institution directly to see if you’re eligible.

Keep in mind the mortgage rates we’re covering Read more…

Wells Fargo CD Rates 2011

In this week’s coverage of CD rates offered by the largest banks in the country, we dug up the current APYs of Wells Fargo’s CD rates so far in 2011. Wells Fargo, after it’s acquisition of the failing Wachovia bank, is now one of the largest banks in the country with 6,300 branches throughout the US. Their deposit products have been notable in the past but are currently offering some completely Read more…

Today’s Lowest Adjustable Rate Mortgages in Texas

Recognizing the rising trend in mortgage rates recently has had many people rushing to their banks and/or credit unions to refinance their mortgage. Last week we saw mortgage refinance applications rise for the 3rd straight week with the trend expecting to continue. And since this rise, we’ve been taking note of some decent local offers from around the country. This week we wanted to narrow our focus to the state of Read more…