Credit Card Fears? 3 Moves You Should Never Make

Data breaches at large retailers are becoming so common that some consumers are now rethinking where they shop and how they shop, both in brick-and-mortar stores and online. The reaction is understandable when it comes to credit card theft, identify theft and other potential problems related to the mass hacking at stores last year. But overreacting to the breaches could be among the worst moves consumers make. 

Related: Why Data Breaches Cost Us an Arm and a Leg 

In the past year, Kmart, Sears, Home Depot, Target, Neiman Marcus and a slew of other retailers experienced breaches that exposed the personal data contained on consumers’ credit cards and debit cards resulting...

Posted in Personal Economics | Tagged | Leave a comment

Voters Guide: House District 50B

Zavier Bicott

City of residence: Bloomington

Age: 30

Family: Wife Sarah

Education: Bachelors in business administration, associates degree in accounting and tax

Occupation: General sports associate, Minnesota Young Republicans state chairman

Years lived in district: 16

Community involvement: 2013 Bloomington City Council at-large candidate

Contact info: zavierbicott.com

Why are you seeking election to the Minnesota House of Representatives?

I submitted my candidacy for the Minnesota State House to be a champion of more voluntary solutions to state governance. That means finding and advocating for community solutions that...

Posted in Loans For Education | Tagged | Leave a comment

Current Mortgage Rates: Wells Fargo Fixed, Jumbo and FHA Refinance …

San Francisco-headquartered mortgage lender, Wells Fargo (NYSE: WFC) offers various home purchase and refinance mortgage loan packages for potential customers. Wells Fargo’s updated mortgage rates, listed below, are valid for October 19, 2014. Take note that these mortgage interest rates are subject to change without prior notice from the lender and may vary upon loan approval or disbursement.

Today, the standard 30-year home refinance loan is published at a rate of 4.250% and the mortgage features 4.277% by way of annual percentage rate at this financial institution. Individuals, who are considering to opt for the shorter-term, 15-year fixed refinance loan, can expect to pay 3.875%...

Posted in Home Refinance | Tagged | Leave a comment

Mortgage Rates Fall To 3.97%, Ignore Expanding U.S. Economy

Mortgage Rates Fall To 3.97%, Ignore Expanding US Economy

  • Mortgage Rates

Current Mortgage Rates Reach New Lows

Have you seen todays low mortgage rates?

30-year conventional mortgage rates have moved firmly below four percent, and now average 3.97% for prime mortgage borrowers making a home purchase with 20% down.

Plus, for homeowners using FHA loans and VA loans, rates are even lower.

The typical rate for an FHA loan was 25 basis points (0.25%) lower in August than a comparable conventional loan via Fannie Mae or Freddie Mac; and, VA mortgage rates were 37.5 basis points (0.375%) below conventional loans.

As...

Posted in Home Refinance | Tagged | Leave a comment

Money Matters: Couples need to know about finances

Early in my career I was working with a husband and wife. William was nearing retirement and he and Jill were trying to make some critical decisions. When would they retire? Where would they live? Was their estate plan in order? Did they have enough money to retire?

These questions are quite typical – but they were just the tip of the iceberg.

It was obvious that William was the financially dominant partner. He handled all of the bills, made the investments, coordinated the insurance, etc. Jill was not ignorant or incapable; however, one could tell financial issues were not her strong suit. As such, she had always left those matters to Bill....

Posted in Money Matters | Tagged | Leave a comment

‘Money matters nothing if you have no water:’ DeWitt Board debates

CLINTON — After a quiet meeting a week ago, money and drinking water — the issues separating two factions of the DeWitt County Board — came to the forefront at a contentious Thursday night meeting.

Both sides of the divide said they were for clean drinking water, but one group — led by board member Terry Hoffman and Chairwoman Sherrie Brown — contends that if the county wants clean water, the board must fight for it.

The other side — with vocal supporters Camille Redman, Dan Ballenger and Dave Newberg — contends that protection of the Mahomet Aquifer is out of the hands of the county board, and their main concern is a budget deficit caused...

Posted in Money Matters | Tagged | Comments Off

Money Matters: Mortgage Rates Gone Down


Money Matters: Mortgage Rates Gone Down

Posted in Money Matters | Tagged | Comments Off

Loans boost livability, resale value

The market for home-equity loans surged along with housing prices in the previous decade. While the ensuing real-estate bust may have cooled this trend, home improvement loans remain a viable and increasingly popular option as the market recovers.

Lenders report rising demand for home-improvement loans, both from homeowners seeking to boost resale value and from those who want to enjoy a house with more space or modern amenities. The credit bureau Experian estimates that homeowners nationwide opened $120 billion in home equity credit lines in the last 12 months, a 27 percent increase from the previous year.

Posted in Home Equity Loans | Tagged | Comments Off

RadioShack Shows Signs of Bankruptcy: Should You Dump?

On Sep 19, 2014, we issued an updated research report on RadioShack Corp. (RSH – Analyst Report). RadioShack recently reported dismal financial numbers for the second quarter of fiscal 2015. Both the top and the bottom line significantly missed the Zacks Consensus Estimate.

RadioShack reported adjusted loss per share of $1.00, wider than the Zacks Consensus Estimate of a loss of 59 cents. Meanwhile, total revenue came in at $673.8 million, down 21.8% year over year and below the Zacks Consensus Estimate of $742 million. Notably, comparable store sales for company-operated stores and kiosks (stores and kiosks that have been operational for at least a year) were down...

Posted in Avoid Bankruptcy | Tagged | Comments Off

Keep money matters to self, Aquarius

Happy birthday for Oct. 16: Don’t buy into overspending or feeling the need to keep up with others. Do your own thing and set a trend for others to follow. Trust in your experience and insight. Your numbers are 8, 14, 19, 22, 24, 30, 45. 

ARIES (March 21-April 19)

Posted in Money Matters | Tagged | Comments Off