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Letter "G" » Greg McBride Quotes


«[According to the old rules for refinancing, it wasn't worth your while unless you could lower your rate by 2 percentage points.? Now that the process is easier and cheaper than ever, that's no longer the case.] The cost of refinancing is quite [a bit] lower than it was five or 10 years ago, ... Anyone who has taken out a mortgage in the past few years should look into refinancing.»
Author: Greg McBride
«Conspicuous in their absence from the Best Deals are the largest institutions, with large branch and ATM networks and extensive regional footprints. Not so among the 20 Worst Deals, ... Better-than-average yields and low minimum balance requirements on accounts offered by smaller local or regional thrifts are common trademarks of those making the Best Deals list.»
Author: Greg McBride
«It's the price of not doing business with a particular institution. Just as non-account holders bear the costs associated with an ATM network, banks are now assessing non-account holders for in-branch check cashing,»
Author: Greg McBride
«And FDIC insurance won't cover you,»
Author: Greg McBride
«That's quite the opposite of what it was six or 12 months ago when we were in a rising interest rate environment, ... At that time everyone was going with the shorter term so they could reinvest at a higher yield going forward.»
Author: Greg McBride
«The average homebuyer moves every seven to 10 years,»
Author: Greg McBride
«The prime rate moves in concert with the Fed's interest rate moves, ... The average rate for a home equity line of credit has increased from 4.7 percent in June 2004 to 5.9 percent as of last week.»
Author: Greg McBride
«It's ratcheting up a quarter point -- every time the Fed raises rates,»
Author: Greg McBride
«There's a game of one-upmanship in terms of who's offering the best yields, ... Every household needs a liquid savings account in a place where you can keep up with inflation and the Internet is certainly a powerful platform to market to customers in a cost-effective way.»
Author: Greg McBride
«There's a game of one-upmanship in terms of who's offering the best yields. Every household needs a liquid savings account in a place where you can keep up with inflation and the Internet is certainly a powerful platform to market to customers in a cost-effective way.»
Author: Greg McBride

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