If you are looking for the best place to put your savings, you should reconsider going to a brick and mortar bank. Right now, the best interest rates for a savings account are actually found with online financial institutions. These are FDIC-insured institutions, which means your money will be safe [...]
Last week, Senator Nelson announced that he plans to file legislation that would help battle the recent interest rate hikes for federal student loans. His bill would cap interest rates for undergraduates at 4%, which currently sits at 8.25%. This piece of legislation would also allow students to refinance their [...]
After the Treasury Department’s auction of 10-year notes in May, new interest rates on federal loans went into effect on July 1. A 10-year note is a loan given by someone to the government. Naturally, this person will make interest off their investment, and as the rate of return increases, [...]
