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News For: Traveler Fixed AnnuitiesFind a rate, make a deal Just about anyone who cares knows that interest rates on a 30-year, fixed-rate mortgage have dropped recently. But by the time you figure out what that means for you, it could all change. The Loan Comes Due Only two months ago, it seemed as if almost any company could borrow money at low interest rates. Now loans seem to be drying up everywhere. Interest liability of unclaimed amounts reaches to Rs 13 crore Indian banks, which are sitting on unclaimed funds to the tune of Rs 1,200 crore over the last ten years, owe clients over Rs 13.46 crore in interest. Savers find ways to boost their deposit insurance As the financial system reels from one disaster after another, financial planners, estate planners and bank officials say they���ve been receiving calls from panicked savers concerned about the safety of their deposits. College debt on credit card? Do homework first I've incurred roughly $56,000 in student loan debt. The federal loans were consolidated at a rate of 4.75 percent a few years ago. The rest are private loans and have higher, variable interest rates currently 5 percent and 7.75 percent, respectively. Fury at $2.5bn Lehman bonus STAFF at Lehman���s New York office who helped to cause the world���s biggest corporate bankruptcy are to share in a $2.5 billion bonanza. Lehman lifeline was critical to chip maker AMD SAN FRANCISCO -- With Advanced Micro Devices Inc.'s cash reserves dwindling and the chip maker's overall financial health deteriorating to dangerous levels last year, the company was thrown a lifeline by Lehman Brothers, the investment bank now in bankruptcy. Bernard Hickey : Mortgage costs feel the crunch The latest instalment of the credit crunch will affect New Zealanders, but not in the way many might assume. I reckon it will push house prices lower and keep interest rates higher for longer. Breaking News: Banks Scrutinized for Unfair Lending Practices Breaking news: Action to be taken on behalf of all borrowers victimized by unfair banking practices. AIG Philam Savings Bank has no exposure to US mortgage market AIG Philam Savings Bank Inc., a thrift and savings bank affiliated with Philippine American Life Insurance Co. Philamlife, has reiterated that it does not have any exposure to the collapsed US investment bank Lehman Brothers. |