Illinois – Wells Fargo Mortgage Rates Below National Avgerage

We’ve been seeing some fairly decent mortgage rates in Illinois offered through Wells Fargo’s mortgage division recently. If you happen to be in the market for an adjustable rate mortgage (more specifically a 5/1 ARM) AND if you live in Illinois you may want to stop by your local Wells Fargo. Currently with a down payment of 20% you can lock in a 5/1 ARM for 3.142% APR. This APR was Read more…

Current CD Rates from Big Banks

Below is a comparison of CD rates (certificate of deposit) rates offered by three of the largest banks in the United States. If you’ve been in the market for an FDIC insured savings product then you’ve undoubtedly noticed that rates are sitting at some of the lowest levels in recent history. You’ll also see that the largest banks in the country are generally offering APY’s significantly under the already abysmal national Read more…

Wells Fargo Auto Loan Products and Rates

San Francisco based Wells Fargo is one of the largest banks in the United States today with roughly 6,600 banking branches in nearly 40 states (the infamous stagecoach probably makes a stop near you!). They operate in almost every major banking vertical – including retail, commercial, and corporate banking; investment management; insurance; equipment leasing; and venture capital investment. Within the personal retail banking arena they offer CD (certificate of deposits), auto Read more…

Monday Showdown: Obama vs. Big Banks

It appears that history is repeating itself when it comes to “wall street fat cats” and the banking industry’s exuberant bonus structure. While main street continues to suffer and unemployment remains at an insanely high 10%, big banks and financial giants are, once again, paying out outrageous sums to their corporate leaders. This time, however, President Obama hopes to do something about it.

In a recent CBS interview (shown below) the president Read more…

Wells Fargo: CD rates and bank review

Wells Fargo is one of the oldest and largest banking institutions in the United States. Originally founded in 1852 in the era of the California Gold Rush, Wells Fargo (and Wachovia) now have over 13,000 locations nationwide. They are the fourth largest bank in the US by assets and third largest by market cap. They are headquartered in San Francisco, California and serve roughly 48 million customers with over a quarter Read more…