Personal Finance Advice and Commentary

Loan demand is down and bank margins are squeezed. That translates to lower CD rates. The question is, how low will they go?

Lenders reported a bump in new mortgage applications in mid-April, but the uptick may turn out to have been more of a blip than an upswing in the trend line. The volume of new mortgage applications increased 5.3 percent in the week ended April 15 compared with the prior week, according to a survey conducted