Quotations
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Greg McBride Quotes
«It's ratcheting up a quarter point -- every time the Fed raises rates.»
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
«The average homebuyer moves every seven to 10 years.»
Author: Greg McBride
«Eighty-six percent of institutions will charge you for using a different bank's ATM.»
Author: Greg McBride
«And FDIC insurance won't cover you.»
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
«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
«If the prospects that your home will appreciate in value are good, paying PMI is not the end of the world.»
Author: Greg McBride
«But how the borrower performs after taking out the loan isn't' the best indicator of what's to come. The peak for delinquencies and defaults comes between years three and five.»
Author: Greg McBride