Mortgage Rates Flat To Slightly Higher

Mortgage rates are somewhat higher again today after news out of Europe created market momentum overnight in favor of higher stock prices and higher bond yields.  When bond yields move higher, mortgage rates are generally moving higher as well although today's rates did a fairly good job of holding steady at the prevailing best execution rate of 3.5% for 30yr Fixed Conventional Loans.

Fraud strikes 1 % of credit card transactions

Twice as many credit card fraud cases involve phone or online transactions than retail sales, according to new data from FICO. However, researchers found that sophisticated counterfeit rings have raised the stakes for merchants over the most recent twenty month survey period.

Capital One offering pricing of Secondary Common Stock

Capital One Financial Corporation (NYSE: COF) today announced that it has entered into an underwriting agreement under which selling stockholder ING Bank N.V. has agreed to sell all of its 54,028,086 shares of Capital One common stock pursuant to a previously announced resale offering. 

Chase and MasterCard enhanced small business with credit card

Times are tough for many owners of small and medium-sized enterprises (SMEs) at the moment, so anything that helps smooth or improve their working lives is usually very welcome. Perhaps that's why Chase and MasterCard both independently decided to announce enhancements to their small business credit cards in July.
Small business credit cards get better

How to Invest in Gold

While gold has always been an option for diversifying your portfolio, investing in the precious metal is a great way to ensure your financial holdings withstand a fluctuating dollar. Learn more about why investing in gold may be a good choice for you, where to invest, and what to expect.