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Mortgage Rate Drop to New Record Lows.

“Interest rates on 30-year fixed-rate mortgage loans fell for the third consecutive week to the lowest since the week ending May 21, while 15-year fixed rates were the lowest since our records began in 1991,” said Frank Nothaft, Freddie Mac vice president and chief economist, in a news release.

Rates for 30 year fixed-rate [...]

Best State 529 Plans.

This list is from Kiplinger’s personal finance magazine “Best Of” edition.

Best 529 for low fees.

Kiplinger’s pick: Illinois’ Bright Start College Savings program. It’s no surprise that this plan is run by Vanguard, since they are known for their rock bottom fees.

Best 529 plan for fund selection.

Kiplinger’s pick for 529 plan [...]

The Best Credit Cards For….

This list is from Kiplinger’s personal finance magazine “Best Of” edition. I have my doubts on a couple of them, and one in particular is a simply irresponsible recommendation.

Best credit card for cash back.

American Express Blue Cash.

1% cash back on everyday purchases like groceries, gas and drugstore purchases. 0.5% cash back [...]

In Defense Of Credit Cards.

Let me apologize up front for the brevity of this post… the flu has got me down, and I just don’t have it in me to be prolific.

But alas, I just came across a post by Len Penzo titled, No, I’m Not Cutting Up My Credit Cards! (Maybe You Shouldn’t Either.), that I [...]